OFF MARKET

64 Ambrose Street
Tennant Creek NT 0860

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 79m2
Land area: 928m2
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Property Details for 64 Ambrose St, Tennant Creek

64 Ambrose St, Tennant Creek is a 3 bedroom, 2 bathroom House and was built in 1980. The property has a land size of 928m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in March 2012.

Building Type
House
Year Built
1980
Floor Size
79m2
Land Size
928m2
Local Government
Barkly
Lot/Plan
Loc 730 Lot 381/OP 001312

Last Listing description (March 2012)

Ever pondered the notion of being part of the Tennant Creek property boom? This is your big opportunity. This 922 square metre property could be purchased today with three tenants in place and providing a good rental return of $430 per week.
When the time is right you could consider a substantial development to take advantage of the demand for new commercial building space, perhaps even throw in some luxury apartments for good measure.

This address occupies a prominent position on the corner of Peko Road and Ambrose Street, just a stones throw from the main street and close to government buildings.

The town swimming pool is right across the road.

The commercial tenancy has great exposure to the street with the residential tenancies set back to ensure privacy and security. The one bedroom unit and the two bedroom unit are in high demand when vacancies occur.
The air-conditioned units have received some recent upgrading and make for pleasant living.

The outlook for Tennant Creek is very positive. Mining exploration and new deposits, improved government services, logistical assistance to the nuclear waste dump all point towards ongoing demand for commercial and residential property.

Land Size: 922m2
Zoning: Commercial Year Built: Early 1980s

Council Rates: $3193pa Rental (act): $430 p/w

Jo-Anne Pulsford : 0419810129

Property History for 64 Ambrose St, Tennant Creek, NT 0860

A timeline of how this property has performed in the market
Last Sold
$195,000
01 Mar 2012
  • 01 Mar 2012
    Sold for $195,000
  • 01 Sep 2011
    Listed for Sale Under Contract
  • 15 Mar 2010
    Sold for $100,000

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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 14.66% increase in median value, while Units have seen a 173.57% increase. As at 31 October 2024:

  • The median value for Houses in Tennant Creek is $239,654 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, 45 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.