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2 40 Lorna Lim Terrace, Driver NT 0830

2 40 Lorna Lim Terrace, Driver NT 0830

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2 40 Lorna Lim Terrace, Driver, NT 0830

2

1

117m²

117m²

•

unit - unit: standard

Map of 2 40 Lorna Lim Terrace, Driver NT 0830, Driver, Northern Territory

Property Description

Listed on 21 Sept 2026

For more property information including body corporate and reports text 2L to 0488 810 057 Offering easy-care living in a convenient Palmerston location, this first-floor two-bedroom apartment combines a practical layout with a private balcony, great storage and easy access to shops, dining and local amenities. Currently tenanted until June 2027, it also presents a great investment opportunity with an established tenancy already in place. • Two spacious bedrooms with built-in robes and split-system air-conditioning • Open-plan living and dining with direct balcony access • Functional kitchen with breakfast bar and ample storage • Private covered balcony ideal for relaxing outdoors • Bathroom with shower and vanity, plus separate toilet • Separate lock-up storage room downstairs • Undercover parking within the complex • Currently tenanted until June 2027 • Quiet setting surrounded by parkland • Walking distance to Palmerston Shopping Centre, CBD and golf course Inside, the open-plan living area creates a comfortable central space, flowing directly onto the private balcony. The kitchen sits at the heart of the apartment and provides plenty of storage and bench space for everyday use. Both bedrooms are generously sized with built-in robes and air-conditioning, while the downstairs storage room adds valuable extra space. With an established tenancy secured until June 2027 and shops, restaurants, parkland and the Palmerston CBD all close by, this is a fantastic opportunity for investors looking to secure a well-positioned, low-maintenance property. Offering easy-care living in a convenient Palmerston location, this first-floor two-bedroom apartment combines a practical layout with a private balcony, great storage and easy access to shops, dining and local amenities. Currently tenanted until June 2027, it also presents a great investment opportunity with an established tenancy already in place. • Two spacious bedrooms with built-in robes and split-system air-conditioning • Open-plan living and dining with direct balcony access • Functional kitchen with breakfast bar and ample storage • Private covered balcony ideal for relaxing outdoors • Bathroom with shower and vanity, plus separate toilet • Separate lock-up storage room downstairs • Undercover parking within the complex • Currently tenanted until June 2027 • Quiet setting surrounded by parkland • Walking distance to Palmerston Shopping Centre, CBD and golf course Inside, the open-plan living area creates a comfortable central space, flowing directly onto the private balcony. The kitchen sits at the heart of the apartment and provides plenty of storage and bench space for everyday use. Both bedrooms are generously sized with built-in robes and air-conditioning, while the downstairs storage room adds valuable extra space. With an established tenancy secured until June 2027 and shops, restaurants, parkland and the Palmerston CBD all close by, this is a fantastic opportunity for investors looking to secure a well-positioned, low-maintenance property. The Finer Points Council Rates: Approx. $2,161.66 per annum  Area Under Title: 117m² Year Built: 1996 Zoning: MR (Medium Density) Status: Leased @ $440 per week until 1 June 2027 Rental Estimate: Approx. $480 - $530 per week Body Corporate: North Management Body Corporate Levies: Approx. $1,032 per quarter Settlement period: 45 days or variation on request  Easements: As per title Deposit: 10% or variation on request

Estimated value

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Rental
May 2022

$370 PER WEEK

Rental
Nov 2020

$265 PER WEEK

Rental
Feb 2020

$265

Listed for sale
Nov 2018

$279,000

Rental
Nov 2016

$300

Listed for sale
Mar 2016

$279,000

Listed for sale
May 2014

$340,000

Sold
May 2009

$260,000

Listed for sale
Mar 2009

$265,000

Rental
Aug 2007

$220

Rental
May 2002

$200

Median unit price trends

Comparing the price trend of units in Driver against the state of Northern Territory over the last 3 years. Source: Cotality

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Driver residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

Under 18

Is the most common age range

Renters

Most common occupant type

Families

Most common household profile

Technicians and Trades Workers

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Driver Primary School

K - Yr 6

Government

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Driver

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Palmerston

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Frequently asked questions

2 40 Lorna Lim Terrace is a Unit built in 1996 in Driver, Northern Territory. Review photos and floor plans for more detail on the construction and condition of the property.

The property at 2 40 Lorna Lim Terrace includes 2 bedrooms, 1 bathroom and no assigned parking spaces.

2 40 Lorna Lim Terrace in Driver has a land size of approximately 117 square metres and an internal floor area of around 117 square metres.

2 40 Lorna Lim Terrace in Driver, Northern Territory includes a range of local schools, shops, public transport options and community facilities that support day to day living.

As of 5/1/2022, the property at 2 40 Lorna Lim Terrace is currently rented out.

Contact the agent

Real Estate Central

Manolis Hourdas

Real Estate Central

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