SOLD
Sold on 18 Oct 2024 for $6,600,000

17 Ginger Street
Zuccoli NT 0832

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3140m2
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Property Details for 17 Ginger St, Zuccoli

Building Type
Commercial
Land Size
3140m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 13275/S2015/192B

Last Listing description (November 2018)

10 year lease to 2028 + options to 2048
160 LDC place centre, operated by Creative Kids Childcare (third operation in Darwin )
Annual Increase: 3%

Market Review at the option ratchet provisions apply
Tenant pays 100% of outgoings as per lease including Land Tax
3 Month Bank Guarantee + Director s Guarantee
Zuccoli master planned community with approx. 4500 house lots, 2 primary schools, Town Centre precinct, 30 mins. to Darwin CBD
Darwin large Defence and Public Servant workforce with high income rates
Suburbs Zuccoli and neighbouring Johnston highest demographic of children under 4 yrs. in Australia, also the fastest growing area in the NT
Net Income: $400,000 pa + GST
Auction 11am Wednesday 12 September 2018
River Room, Crown Casino, Melbourne

Property History for 17 Ginger St, Zuccoli, NT 0832

A timeline of how this property has performed in the market
Last Sold
$6,600,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $6,600,000
  • 26 Oct 2018
    Sold for $5,150,000
  • 20 Aug 2018
    Listed for Sale Not Disclosed
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About Zuccoli 0832

The size of Zuccoli is approximately 4 square kilometres. It has 13 parks covering nearly 3.2% of total area. The population of Zuccoli in 2011 was 4 people. By 2016 the population was 1,132 showing a population growth of 28200.0% in the area during that time. The predominant age group in Zuccoli is 20-29 years. Households in Zuccoli are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Zuccoli work in a trades occupation. In 2011, 50% of the homes in Zuccoli were owner-occupied compared with 68.5% in 2016.

Zuccoli has 2,278 properties. Over the last 5 years, Houses in Zuccoli have seen a 55.33% increase in median value, while Units have seen a 51.74% increase. As at 30 November 2024:

  • The median value for Houses in Zuccoli is $575,848 while the median value for Units is $398,972.
  • Houses have a median rent of $700 while Units have a median rent of $620.
There are currently 12 properties listed for sale, and 9 properties listed for rent in Zuccoli on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Zuccoli.

Suburb Insights for Zuccoli 0832

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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.