OFF MARKET

7/29 Gardens Rd
The Gardens NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 7/29 Gardens Rd, The Gardens

7/29 Gardens Rd, The Gardens is a 2 bedroom, 1 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Darwin

Last Listing description (June 2023)

Filled with natural light throughout the first floor, this enticing townhouse is ideal for the home buyer and the investor seeking a low maintenance high impact property. Set within a secure complex of homes with house proud neighbours who love tending to the tropically inspired gardens that surround this complex, this property has side carport parking for 1 with additional second in the driveway.

Under the home is a laundry room with access through to the paved outdoor entertaining areas sheltered under a leafy canopy of established trees and tropical gardens. Inside the home are 2 bedrooms each with a built in robe and tiled flooring along with split air-conditioning. The bathroom resides here has well with double door storage and a shower.

Upstairs the home opens up into a generous open plan living and dining area that is filled with natural light and sky high ceilings with a raked design that draws the eye and makes the space feel enormous. The kitchen offers wrap around counters with plenty of prep areas and storage space along with a pantry and views over the treetops from the windows. A sliding door opens onto a tranquil treetop balcony that has garden views over the courtyard below and is the ideal space for the morning cuppa or a relaxing.

The Mindil Beach Markets, Casino and The Gardens are all only a short walk away and the city in close as well so you can enjoy your free time exploring the city, sun, sand, beach or gardens anytime you like.

Around the Suburb:
5 minutes from the CBD
Easy commute through to work or lifestyle activities
Nearby to the Water Front, Cullen Bay, The Esplanade and so much more
Walk to the George Brown Botanical Gardens and the Mindil Beach Markets

Extra Details:
Area Under Title: 215 square metres
Year Built: 1989
Council Rates: $1,550 per annum
Body Corporate: North Management
Body Corporate Levies: $1,020.81 per quarter
Sinking Fund: $53,265.46
Tenancy in place until July 2023 @ $400 p/w
Current market rent $460 per week

Property History for 7/29 Gardens Rd, The Gardens, NT 0820

A timeline of how this property has performed in the market
  • 10 Mar 2022
    Listed for Sale $410,000

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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 451 properties. Over the last 5 years, Houses in The Gardens have seen a 12.57% increase in median value, while Units have seen a 40.55% increase. As at 31 October 2024:

  • The median value for Houses in The Gardens is $649,190 while the median value for Units is $442,756.
  • Houses have a median rent of $560 while Units have a median rent of $575.
There are currently 2 properties listed for sale, and 1 property listed for rent in The gardens on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in The gardens.

Suburb Insights for The Gardens 0820

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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.