2/40 Lorna Lim TerraceDriver NT 0830
Property Details for 2/40 Lorna Lim Tce, Driver
2/40 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 117m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in May 2009.
Last Listing description (June 2022)
Territory Real Estate is proud to present this two bedroom first floor apartment situated easy walking distance to the Palmerston Shopping Centre. With an easy stroll to the Palmerston CBD you will no longer need to line up for a parking spot or toss a coin to decide who drives home from Dinner. This is a perfect first home buyer property and coming to the market at a fantastic price.
- Featuring a central open plan kitchen with over-head and under-bench storage, electric hot plates, under-bench oven, double sink plus breakfast bar.
- Open plan lounge and family/dining with slide door access to wide private balcony.
- Two spacious bedrooms include built-in robes and split system air-conditioning.
- Bathroom includes a shower alcove, vanity & WC.
- Downstairs has a lock up storage room and ample parking.
- Situated in a quiet complex and bordered by parkland it is also walking distance to the Palmerston golf course.
The property is currently tenanted on a periodical tenancy or alternatively, vacant possession can be offered for those that would like to enjoy the property themselves.
Council Rates: $1,590 per annum (approx)
Area Under Title: 117m2
Year Built: 1996
Status: Tenanted on a Periodical Lease
Zoning: MR (Medium Density)
Body Corporate: Altitude Property Management
Body Corporate Fees: Admin Fund $720 per Quarter
Sinking Fund $193.50 per Quarter
Property History for 2/40 Lorna Lim Tce, Driver, NT 0830
- 26 May 2022Listed for Rent $370 / week
- 30 Nov 2020Listed for Rent $265 / week
- 03 Feb 2020Listed for Rent - Price not available
Recent sales nearby
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About Driver 0830
The size of Driver is approximately 1.7 square kilometres. It has 16 parks covering nearly 30.2% of total area. The population of Driver in 2016 was 2884 people. By 2021 the population was 2747 showing a population decline of 4.8% in the area during that time. The predominant age group in Driver is 30-39 years. Households in Driver are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Driver work in a trades occupation.In 2021, 51.50% of the homes in Driver were owner-occupied compared with 52.10% in 2016.
Driver has 1,226 properties. Over the last 5 years, Houses in Driver have seen a 45.75% increase in median value, while Units have seen a 41.58% increase. As at 31 January 2026:
- The median value for Houses in Driver is $603,527 while the median value for Units is $374,722.
- Houses have a median rent of $600 while Units have a median rent of $520.
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