OFF MARKET

1 Paterson Street
Tennant Creek NT 0860

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
Land area: 1000m2
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Last updated 18 Mar 2024
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Property Details for 1 Paterson St, Tennant Creek

Building Type
Commercial
Year Built
1987
Floor Size
111m2
Land Size
1000m2
Local Government
Barkly

Last Listing description (October 2024)

This property brags Main Street/Highway exposure with 3 securely leased Tenancies.

Shop 1 - Legal Aid
Shop 2 - Cafe

Shop 3 - Barkly Council

All tenancies have been in place long term and come with fixed term leases.

Nett passing rent - $85,000 p.a

Licensed Agent

Property History for 1 Paterson St, Tennant Creek, NT 0860

A timeline of how this property has performed in the market
  • 22 Mar 2024
    Listed for Sale $849,000
  • 30 Oct 2013
    Listed for Sale PRICE REDUCTION -OFFERS OVER $380,000

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About Tennant Creek 0860

The size of Tennant Creek is approximately 42.1 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Tennant Creek in 2011 was 3,060 people. By 2016 the population was 2,984 showing a population decline of 2.5% in the area during that time. The predominant age group in Tennant Creek is 20-29 years. Households in Tennant Creek are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tennant Creek work in a professional occupation. In 2011, 34.6% of the homes in Tennant Creek were owner-occupied compared with 29.7% in 2016.

Tennant Creek has 1,514 properties. Over the last 5 years, Houses in Tennant Creek have seen a 23.62% increase in median value, while Units have seen a 173.35% increase. As at 30 September 2024:

  • The median value for Houses in Tennant Creek is $264,190 while the median value for Units is $160,659.
  • Houses have a median rent of $440.
There are currently 3 properties listed for sale, and 1 property listed for rent in Tennant creek on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Tennant creek.

Suburb Insights for Tennant Creek 0860

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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.