OFF MARKET

15 Pine Way
Mcminns Lagoon NT 0822

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 45m2
Land area: 20400m2
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Property Details for 15 Pine Way, Mcminns Lagoon

15 Pine Way, Mcminns Lagoon is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 20400m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1990
Floor Size
45m2
Land Size
20400m2
Local Government
Litchfield
Lot/Plan
Loc 695 Lot 32/LTO69/007B

Last Listing description (December 2019)

Text '15PIN' to 0472 880 252 for all property information.

Under instructions to sell at or before auction

Whether you're looking for a smart long term investment or the perfect place to escape to this great block over 5 acres in highly regarded McMinns Lagoon exemplifies everything we love
about the NT rural lifestyle. Offering the perfect hideaway when you need it and great community when you feel like it, you'll love having a little more space and flexibility in your life!

Triple residence block set on native bushland, only 15 minutes from
Palmerston and super close to Coolalinga shopping centre and local schools yet still with a feeling of absolute seclusion
Main residence is open plan with 3 large, long and cool living areas
adaptable to suit any purpose with louvred windows throughout
Kitchenette is basic but has everything you need with workspace, an
oven/cooktop, sink and tonnes of space
Outside has verandah on 3 sides as well as pool, in need of a little
attention but with the potential to be a fantastic entertaining area
or private retreat
Separate private and fully air conditioned dongo at rear of block with its own bathroom block under the same roof as well as kitchenette, awesome raised deck that captures the breezes overlooking the mango trees (Tenant paying$350 a week has just vacated)
-Donga also comes with shipping container for weatherproof storage and extra roof welded on to add longevity to its useable lifespan
Shed with ablution block comes with undercover caravan, which is currently tenanted for $220 a week to Aug 2020 and is separately metered to assist with power bills
-Another shed onsite acts as undercover storage for all the toys
Runs on quality bore water at 2.5ltr/sec with 2 tanks for storage, feel free to taste test when on site its delightful

When the crowded and stressful city life is getting a little too much, who doesn't need a little country retreat to get back in touch with nature? This fantastic property set on 5.43 acres offers minimalist seclusion at its
finest with multiple dwellings spread over the area, set in established forest surrounds.

Main dwelling is a great place to relax, with or without the family,
with three massive rooms, all light and airy from the banks of louvered
windows. You'll love getting away from it all and getting back to
basics!

Outside the pool is a great place to relax and entertain friends and family,
while the kids can run wild in the scrub or pine plantation or collect the abundance of mangos from several mature trees

A shed, separate donga dwelling, undercover caravan and carport all come with the property so you can have all the friends and family come to stay, or can use them as a source of income. The choice is yours.

Superbly set up as a homely hideaway, this is a great spot with
friendly neighbours, wetlands nearby attracting loads of birdlife and
so much more.

This property is likely to appeal to a myriad of buyers including
those looking for a quality rural family lifestyle with huge upside at an affordable price, investors chasing a high yielding/high growth prospect investment or an opportunistic first home buyer keen to live in the main residence and work on it over time whilst enjoying having healthy rent coming in from the shed/caravan and also the donga at rear should you decide.

Come take a look today!
Viewing required for full appreciation of the opportunity on offer

Year Built: Pre 1975 Occupancy issued 1979
Land size: 2.2 Hectares or 5.43 acres
Planning Scheme Zone - RL (Rural Living)
Council Rates: $808 per annum (approx.)
Status: Vacant Possession House
Vacant Donga
Shed with caravan leased at $220 a week to August 2020
Auction 3rd December 2019 @ 5.30pm
Deposit: 10% (variations on request)
Settlement: 40 days (variations on request)
Easements: None Found

Property History for 15 Pine Way, Mcminns Lagoon, NT 0822

A timeline of how this property has performed in the market
Last Sold
$530,000
03 Oct 2023
  • 03 Oct 2023
    Sold for $530,000
  • 10 Jan 2020
    Sold for $400,000
  • 15 Nov 2019
    Listed for Sale Bidding from $400,000
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About Mcminns Lagoon 0822

The size of Mcminns Lagoon is approximately 13.4 square kilometres. It has 2 parks covering nearly 7.2% of total area. The population of Mcminns Lagoon in 2011 was 714 people. By 2016 the population was 816 showing a population growth of 14.3% in the area during that time. The predominant age group in Mcminns Lagoon is 40-49 years. Households in Mcminns Lagoon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mcminns Lagoon work in a trades occupation. In 2011, 76.4% of the homes in Mcminns Lagoon were owner-occupied compared with 76.5% in 2016.

Mcminns Lagoon has 286 properties. Over the last 5 years, Houses in Mcminns Lagoon have seen a 27.47% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mcminns Lagoon is $680,663 while the median value for Units is $229,120.
  • Houses have a median rent of $513.
There are currently 2 properties listed for sale, and no properties listed for rent in Mcminns lagoon on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Mcminns lagoon.

Suburb Insights for Mcminns Lagoon 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.