8/29 Lorna Lim TerraceDriver NT 0830
Property Details for 8/29 Lorna Lim Tce, Driver
8/29 Lorna Lim Tce, Driver is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 1370m2 and floor size of 104m2.
Last Listing description (June 2007)
Terrific Location, 8 Units
4 units on top floor and 4 down. Each unit is carpeted to bedrooms and tiled in living areas, air conditioned and whilst upstairs units have a balcony each, downstairs units have a private verandah. The complex has car parking facilities for 1 car, plus 1 visitor car park for each unit. The units are currently leased at $200.00 to $230.00 per week (approx.)Very Good Long Term Tenants
The units were built in 1996 and are under one title - no Body Corporate fees to worry about.
John is marketing this property for sale for $1,900,000.00 to an investor who can foresee potential growth to expand their portfolio and watch it grow.
Obtaining Strata Title on the units would also be very rewarding.
Rental Estimate: $200 pw (approx)each
Property History for 8/29 Lorna Lim Tce, Driver, NT 0830
- 03 Jun 2008Listed for Rent - Price not available
- 08 Feb 2008Listed for Rent - Price not available
- 23 Oct 2007Listed for Rent - Price not available
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0About Driver 0830
The size of Driver is approximately 1.7 square kilometres. It has 16 parks covering nearly 30.2% of total area. The population of Driver in 2011 was 2,958 people. By 2016 the population was 2,880 showing a population decline of 2.6% in the area during that time. The predominant age group in Driver is 30-39 years. Households in Driver are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Driver work in a trades occupation. In 2011, 51.3% of the homes in Driver were owner-occupied compared with 52.1% in 2016.
Driver has 1,221 properties. Over the last 5 years, Houses in Driver have seen a 10.90% increase in median value, while Units have seen a 30.03% increase. As at 31 October 2024:
- The median value for Houses in Driver is $419,726 while the median value for Units is $292,625.
- Houses have a median rent of $550 while Units have a median rent of $440.
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