OFF MARKET

235 Monaghan Road
Lloyd Creek NT 0822

Bedrooms: 7
Bathrooms: 2
Car spaces: -
Floor area: 106m2
Land area: 19082m2
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Property Details for 235 Monaghan Rd, Lloyd Creek

235 Monaghan Rd, Lloyd Creek is a 7 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 19082m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Year Built
1980
Floor Size
106m2
Land Size
19082m2
Local Government
Litchfield
Lot/Plan
Loc 695 Lot 5788/LTO2014/105A

Last Listing description (March 2024)

Are you seeking an investment opportunity that combines the allure of the rural with the potential for substantial financial gains? Look no further! Presenting an exceptional rural property featuring not one, but two coded homes, primed for lucrative returns and long-term prosperity with the potential rent return of above $1,100 per week. One of the homes is currently rented to a long term tenant who would like to stay on once the property is sold. The renovated house is ready to occupy and the potential rent on this house could achieve up to $650 p/w.

You could rent out both homes or reside in one while leasing the other. This income-generating potential ensures a steady cash flow that can significantly boost your investment portfolio.

The first home is a spacious 4 bedrooms 1 bathroom open plan living that has been freshly renovated and boasts an open plan kitchen, dining and lounge area along with a large verandah. The second property, currently tenanted, is a comfortable 3-bedroom, 1 bathroom home, also featuring a verandah.?? Both residences are set amidst well-irrigated lawns and are complimented by private fencing and separate gated entrances. Both homes are serviced by the same bore while the reticulation system runs off the same system.

Location Benefits:
Located just a quick 7-minute drive from Humpty Doo shops, tavern and public schools, the location combines the peacefulness of country living with the convenience of nearby amenities. A perfect investment opportunity for those seeking to capitalise on rental income or a dual living arrangement with extended family.??

Features of the Property:
House 1
- Own entry via electric gate
- 4 Bedrooms
- 1 Bathroom
- New flooring
- Painted throughout
- Enjoy entertaining on the verandah capturing the cool breeze
- Auto Reticulation
- Water tank
- Bore water
- Fully fenced
- Solar hot water
- 2 LPS Bore which also services 2nd house

House 2
- Own entry
- 3 Bedrooms
- 1 Bathroom
- Verandah
- Auto retic
- Fully fenced
- Solar hot water
- Rented for $450 per week to a long term tenant

Don't miss this rare chance to acquire a valuable asset in this quiet, rural area of Northern Territory. Secure this property today and unlock its significant potential.

Property History for 235 Monaghan Rd, Lloyd Creek, NT 0822

A timeline of how this property has performed in the market
Last Sold
$350,000
01 May 2015
Listed for Rent
$600/w
16 Sep 2023
  • 01 Sep 2023
    Listed for Rent $600 / week
  • 12 Jul 2023
    Listed for Sale Offers Over $770,000
  • 06 Jan 2017
    Listed for Rent $450 / week
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About Lloyd Creek 0822

The size of Lloyd Creek is approximately 50.8 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Lloyd Creek in 2011 was 528 people. By 2016 the population was 170 showing a population decline of 67.8% in the area during that time. The predominant age group in Lloyd Creek is 0-9 years. Households in Lloyd Creek are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lloyd Creek work in a trades occupation. In 2011, 70.5% of the homes in Lloyd Creek were owner-occupied compared with 70% in 2016.

Lloyd Creek has 100 properties. Over the last 5 years, Houses in Lloyd Creek have seen a 42.93% increase in median value. As at 31 August 2024:

  • The median value for Houses in Lloyd Creek is $674,959 while the median value for Units is $406,014.
There are currently 3 properties listed for sale, and no properties listed for rent in Lloyd creek on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Lloyd creek.

Suburb Insights for Lloyd Creek 0822

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.