SOLD
Sold on 22 Oct 2024 for $2,250,000

3 Reus Court
East Side NT 0870

Bedrooms: 16
Bathrooms: 10
Car spaces: 6
Land area: 2500m2
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Sold By
Nutrien Harcourts Alice Springs
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Property Details for 3 Reus Ct, East Side

3 Reus Ct, East Side is a 16 bedroom, 10 bathroom Unit with 6 parking spaces. The property has a land size of 2500m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 16 bedroom Unit sold in East Side in the last 12 months.

Building Type
Unit
Land Size
2500m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 9065/LTO98/003B

Last Listing description (November 2024)

The Feel:
Nestled in the quiet, shady enclave of the Greenleaves subdivision is a real estate opportunity to purchase a residential development of six units. Set on an expansive block, there is a mix of accommodation and parking. The discerning buyer will see the short and long-term potential in acquiring a unique asset.

The Facts:

- Well-positioned property in East Side
- Complex of six units (4 x 3 bedroom/2 bathroom and 2 x 2 bedroom/1 bathroom)
- Sizeable 2500 sqm (approx.) allotment
- Zoned LMR (Low-Medium Density Residential)
- Covered parking adjacent to units
- Good sized bedrooms
- Bathroom with ideal functionality
- Well-appointed kitchens, gas cooking
- Open plan living
- Security screens on windows and doors
- Convenient rear/side courtyards
- Lockable storage rooms external access
- Natural gas connected
- Great special project or investment prospect

Expressions of Interest closing 12noon Monday 2 September 2024

This property delivers to the owner a low maintenance complex positioned close to town with easy access to the necessary amenities for an easy lifestyle.

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Property History for 3 Reus Ct, East Side, NT 0870

A timeline of how this property has performed in the market
Last Sold
$2,250,000
22 Oct 2024
  • 22 Oct 2024
    Sold for $2,250,000
  • 01 Aug 2024
    Listed for Sale Expression of Interest - Closing 2/9/24

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About East Side 0870

The size of East Side is approximately 4 square kilometres. It has 11 parks covering nearly 10% of total area. The population of East Side in 2011 was 2,980 people. By 2016 the population was 2,916 showing a population decline of 2.1% in the area during that time. The predominant age group in East Side is 30-39 years. Households in East Side are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Side work in a professional occupation. In 2011, 55.1% of the homes in East Side were owner-occupied compared with 54% in 2016.

East Side has 1,373 properties. Over the last 5 years, Houses in East Side have seen a 6.35% increase in median value, while Units have seen a -1.29% decrease. As at 30 November 2024:

  • The median value for Houses in East Side is $479,120 while the median value for Units is $267,905.
  • Houses have a median rent of $510 while Units have a median rent of $385.
There are currently 19 properties listed for sale, and 4 properties listed for rent in East side on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in East side.

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