2 George CrescentCiccone NT 0870
Property Details for 2 George Cres, Ciccone
Last Listing description (November 2021)
An exceptionally well located light industrial property situated on the corner of Larapinta Drive and George Crescent. With a total overall land area of 5,430 square metres, this substantial property is currently divided into two separate tenancies with a gross annual rental of $108,540.00 including GST.
One of the tenancies has a 3 + 3 year lease however the other tenancy is on a monthly basis only and vacant possession could therefore be arranged.
Light industrial properties of this size and in this location rarely come onto the market and the opportunity therefore exists to acquire a well located and extremely visible commercial site.
Property History for 2 George Cres, Ciccone, NT 0870
- 09 Aug 2021Sold for $1,850,000
- 25 May 2021Listed for Sale Under Contract
- 16 Apr 2020Listed for Sale $1.85 Million
Recent sales nearby
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0About Ciccone 0870
The size of Ciccone is approximately 2.5 square kilometres. There is 1 park within the area. The population of Ciccone in 2016 was 255 people. By 2021 the population was 281 showing a population growth of 10.2% in the area during that time. The predominant age group in Ciccone is 50-59 years. Households in Ciccone are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ciccone work in a clerical occupation.In 2021, 22.50% of the homes in Ciccone were owner-occupied compared with 28.80% in 2016.
Ciccone has 545 properties. Over the last 5 years, Houses in Ciccone have seen a -6.90% decrease in median value, while Units have seen a -3.29% decrease. As at 30 June 2026:
- The median value for Houses in Ciccone is $490,151 while the median value for Units is $376,641.
- Units have a median rent of $380.
Suburb Insights for Ciccone 0870
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