53 Ross HighwayRoss NT 0873
Property Details for 53 Ross Hwy, Ross
53 Ross Hwy, Ross is a 12 bedroom, 12 bathroom Unit with 12 parking spaces and was built in 1995. The property has a land size of 22000m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (April 2022)
Need to Invest? Want to Build a home with a passive income? Maybe need a new Business Premises? Time to have a look at this outstanding multi-tenancy block on the Ross Highway with versatile zoning.
There are 12 units on the block that have maintained high occupancy levels over the years making the site an attractive investment. The alluring opportunity has the potential to either further expand on the current investment model or look at building a home out of town with an attractive passive income.
On the eastern side of the block sit 6 units, five single bedroom units and one three bedroom unit. To the north, there are two slightly larger units, a single bedroom and a two bedroom, and there are an additional three units, a single bedroom, two bedroom and four bedroom, on the western side. There is also a sizeable shed located near the middle of the allotment.
Being a spacious 5 acre block located a short 8 minute drive to the Central Business District with Tourist Commercial (TC) zoning, this offering provides scope for a multitude of uses.
This property is being offered to the market by Expressions of Interest closing 12PM Friday 22nd October 2021. Please contact Sam Linn for further information.
Council Rates; $12,109.32 p.a.
Property History for 53 Ross Hwy, Ross, NT 0873
- 18 Mar 2022Sold for $1,700,000
- 09 Sep 2021Listed for Sale Offers Invited Closing 12pm 22nd of October, 2021
- 31 May 2017Listed for Rent $350 / week
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0About Ross 0873
The size of Ross is approximately 18.1 square kilometres. It has 8 parks covering nearly 14.1% of total area. The population of Ross in 2011 was 830 people. By 2016 the population was 705 showing a population decline of 15.1% in the area during that time. The predominant age group in Ross is 50-59 years. Households in Ross are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ross work in a trades occupation. In 2011, 57% of the homes in Ross were owner-occupied compared with 59.5% in 2016.
Ross has 353 properties. Over the last 5 years, Houses in Ross have seen a -65.47% decrease in median value, while Units have seen a -18.76% decrease. As at 31 October 2024:
- The median value for Houses in Ross is $475,035 while the median value for Units is $204,668.
- Houses have a median rent of $380 while Units have a median rent of $490.
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