116/15 Musgrave Cres, Coconut Grove is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 101m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Unit sold in Coconut Grove in the last 12 months.
Nestled in the vibrant suburb of Coconut Grove, this modern 2-bedroom apartment offers the ideal blend of comfort, style, and investment potential. Whether you're adding to your portfolio or stepping into the market, this well-appointed residence ticks all the right boxes.The home welcomes you with a fresh and functional layout, featuring open-plan living that flows effortlessly onto a private balcony. Positioned in a secure, well-kept complex, its just minutes from Nightcliff shops, transport options, and popular local schools, providing both convenience and a relaxed lifestyle.Property Highlights: Contemporary kitchen with island bench Open-plan living and dining with seamless indoor-outdoor flow Two bedrooms with mirrored built-in wardrobes Secure gated complex with two car parks Family-friendly with on-site childrens playroom Access to a large, well-maintained poolA fantastic opportunity for investors or home seekers looking for value in a prime location. Dont miss out on this smart, low-maintenance property with all the right ingredients for comfortable modern living.Additional Information: Year Built: 2015 Status: NT Government Lease ideal for investors seeking immediate rental income Current Rent: $580 per week Lease Ending: 28/02/2026 Body Corp Manager: North Management Total Body Corporate Fees (approx.): $1400 per quarter Darwin City Council Rates (approx.): $1,420 per yearContact me today at 0417508800 or nicolewheeler@atrealty.com.au to schedule a private viewing and experience the beauty and convenience of this property for yourself.Make an Offer:https://myatrealty.com/v2/properties/200868/listings/69988/submitofferform
The size of Coconut Grove is approximately 1.7 square kilometres. It has 8 parks covering nearly 22.6% of total area. The population of Coconut Grove in 2016 was 3050 people. By 2021 the population was 2892 showing a population decline of 5.2% in the area during that time. The predominant age group in Coconut Grove is 30-39 years. Households in Coconut Grove are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coconut Grove work in a professional occupation.In 2021, 36.30% of the homes in Coconut Grove were owner-occupied compared with 37.40% in 2016.
Coconut Grove has 1,865 properties. Over the last 5 years, Houses in Coconut Grove have seen a 42.46% increase in median value, while Units have seen a 43.79% increase. As at 30 November 2025:
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