3/7 Blake StreetThe Gardens NT 0820
Property Details for 3/7 Blake St, The Gardens
3/7 Blake St, The Gardens is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1996. The property has a land size of 300m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in October 2013.
Last Listing description (September 2013)
CBD FRINGE INVESTING - PRICED TO SELL
This great two story townhouse investment returns $770pw, with 10 months still to go on a renewed lease.Perfectly located in The Gardens with master bedroom set on its very own level, with walk-in wardrobe, ensuite and nursery room or home office...it never seems to end.Air-conditioned throughout, tiled to all main areas, while offering great cross flows, that 'open-plan tropical lifestyle' is thanks to the floor to ceiling louvres in this beautiful two story open plan home.Another two full sized bedrooms see this property offer up to four bedrooms, and share good space while boasting airconditioning and built-in robes.Not only is the interior of this home functional with heaps of storage options, The Gardens location on the City fringe has this CBD walking distance investment on another level.The property could easily be maximised even further by a small amount of yard updating to accommodate enough space even for the boat. This could see the property push well over the $800pw return point in the current market.ALL FROM AN INVESTMENT POINT OF JUST OVER $600,000.Again, location location location! Smartly situated in a quiet and private street as well as walking distance to major Schools, Darwin City, Mindil Beach, Botanical Gardens and many sporting or shopping facilities, there is not much more you could want!SO...Tenanted investment at $770pw with 10 months still to go, interest only above $600,000 (NOT $700,000:00), two story on the city fringe, it is easy to see this wont last long.Contact the Andrews Property Team today!
Property History for 3/7 Blake St, The Gardens, NT 0820
- 12 Jul 2014Listed for Rent - Price not available
- 14 Oct 2013Sold for $643,000
- 17 Aug 2013Listed for Sale LOW TO MID $600,000'S
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About The Gardens 0820
The size of The Gardens is approximately 1.8 square kilometres. It has 5 parks covering nearly 51.3% of total area. The population of The Gardens in 2011 was 742 people. By 2016 the population was 718 showing a population decline of 3.2% in the area during that time. The predominant age group in The Gardens is 20-29 years. Households in The Gardens are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Gardens work in a professional occupation. In 2011, 35.8% of the homes in The Gardens were owner-occupied compared with 33.2% in 2016..
The Gardens has 452 properties. Over the last 5 years, Houses in The Gardens have seen a 25.40% increase in median value, while Units have seen a 43.96% increase. As at 31 August 2024:
- The median value for Houses in The Gardens is $732,597 while the median value for Units is $441,872.
- Units have a median rent of $570.
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