83 Ambrose StreetTennant Creek NT 0860
Property Details for 83 Ambrose St, Tennant Creek
83 Ambrose St, Tennant Creek is a 6 bedroom, 4 bathroom Unit with 10 parking spaces. The property has a land size of 987m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (December 2020)
4 double brick units on a 1000m2 block. What a great investment opportunity for the astute investor.
Good rental property in Tennant Creek continues to be highly sought after, and all of these units are occupied.
Currently returning $920.00 weekly there is room for the new owner to make significant rent increases in the future.
All the units have split system air in the lounge and bedrooms,and the master bedrooms have fans. All bedrooms have built in wardrobes. The units are tiled throughout making for easy cleaning.
The upstairs units have balconies front and rear and overlook the sports precinct and swimming pool.
The kitchen is well laid out with ample cupboard and bench space. There is an electric cooktop and oven.
A new roof was installed in March and new insulation was put in. The upper 2 units have had the ceilings refurbished.
Parking is at the rear of the property and is accessed from the laneway.
There are satellite dishes on the roof for your tenant's convenience.
Currently returning over 9.1% gross these units could be returning over 11% within 6 months.
Property History for 83 Ambrose St, Tennant Creek, NT 0860
- 27 Nov 2020Sold for $522,000
- 13 Mar 2020Listed for Sale SOLD - $522,000
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0About 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.
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