8 Queen StreetStuart Park NT 0820
Property Details for 8 Queen St, Stuart Park
8 Queen St, Stuart Park is a 12 bedroom, 6 bathroom Unit with 9 parking spaces and was built in 1983. The property has a land size of 1110m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (December 2022)
Located close to Darwin's thriving CBD is this block of 6 x 2 bedroom units.
Occupying 1,110 square metres of LMR zoned land this is a smart positively geared investment.
6 units, each unit consists of 2 bedrooms and 1 bathroom.
9 off street carparks
Year built 1974
Not strata titled
Self-managed body corporate
Tenants pay power
Landlord pays water
Current rent approx. $1850 per week currently rented below market value
Multiple long-term tenants in place
With the strongest returns of any capital city this is a great time to secure this savvy investment.
Walking distance to beautiful Dinah Beach and Tipperary Waters Marina from this central Stuart Park location that's also ideally set just minutes to the city.
Contact the listing agent Stewie Martin for more info.
Council Rates: Approx. $9560 per annum
Insurance: Approx. $4739 per annum
Water & Sewerage: Approx. $7284 per annum
Area Under Title: 1110 sqm
Zoning: LMR (Low-Medium Density Residential)
Status: Vacant Possession
Body Corporate: Self Managed
Building Report: Available on request
Pest Report: Available on request
Settlement period: 45 Days
Deposit: $20,000
Easements as per title: Sewerage Easement to Power and Water Authority
Property History for 8 Queen St, Stuart Park, NT 0820
- 21 Mar 2023Sold for $1,200,000
- 10 Nov 2022Listed for Sale UNDER CONTRACT
- 01 Nov 2007Sold
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About Stuart Park 0820
The size of Stuart Park is approximately 2.3 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Stuart Park in 2011 was 3,748 people. By 2016 the population was 4,159 showing a population growth of 11.0% in the area during that time. The predominant age group in Stuart Park is 20-29 years. Households in Stuart Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stuart Park work in a professional occupation. In 2011, 40.7% of the homes in Stuart Park were owner-occupied compared with 37.2% in 2016.
Stuart Park has 2,642 properties. Over the last 5 years, Houses in Stuart Park have seen a 15.55% increase in median value, while Units have seen a 24.39% increase. As at 31 October 2024:
- The median value for Houses in Stuart Park is $811,797 while the median value for Units is $415,622.
- Houses have a median rent of $650 while Units have a median rent of $590.
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