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Sold on 29 Jul 2024 - Price Unavailable

5208/4 Kurringal Court
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 104m2
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Property Details for 5208/4 Kurringal Ct, Fannie Bay

5208/4 Kurringal Ct, Fannie Bay is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 104m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Fannie Bay in the last 12 months.

Building Type
Apartment
Land Size
104m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 11002/UTS2016/050

Last Listing description (July 2024)

Perfect for the home maker and the investors alike, this property boasts resort vibes and is hosted within a secure complex only moments from the spectacular East Point Reserve and Lake Alexandar plus local hot spots like the Cool Spot Café making it a prime position for the executive single or couple or a highly sought after rental.

Positioned within a gated community setting with manicured gardens and wide streets with plenty of designated parking spaces and outdoor areas to utilise, this property has everything you want. There is a huge swimming pool with outdoor entertaining areas and BBQ’s as well as a gym and common areas to relax.

Inside is an open plan living, dining and kitchen area with tiled flooring in the kitchen and wet areas and plush carpeted flooring throughout the rest of the home. The kitchen is very modern and has loads of built in storage space and prep areas to work from. The living areas have sliding doors onto a balcony that enjoys the suburban sprawl below through the leafy treetops.

Each of the bedrooms is complimented with a built in robe and A/C along with a sliding door to a balcony. The master bedroom also includes room for a study nook or makeup desk plus a private ensuite bathroom.

Under the building there is a shaded carparking bay plus a second bay under cover as well. Elevators take you to the second floor where this property is just a few steps away.

Only 10 minutes from the heart of the CBD, this property allows you to drop the daily commute in favour of more free time. Spend your afternoons strolling along East Point to enjoy the nightly sunsets and cool sea breezes or venture into the city for restaurants and entertainment year round.

· Executive singles and couples will love the resort vibes
· Investors will enjoy a strong rental yield and low turn over
· Highly sought after area only moments from Lake Alexandar and East Point
· 2 bedrooms with built in robes and A/C to each
· Master bedroom suite includes a private ensuite bathroom and private balcony
· Open plan living and dining areas with soft carpeted flooring
· Sliding doors from the living areas through to the balcony
· Kitchen has stone bench top and loads of built in storage space
· Linen press in the laundry room for additional storage space
· Both bathrooms are modern and well appointed
· Swimming pool with outdoor entertaining areas and BBQ in the complex
· Gym and communal amenities to enjoy
· Gated community setting with 2 parking bays and elevator access

Around the Suburb:
· Nearby cafes, employment and more
· 5 minutes to the Water Front Prescient
· 5 minutes from Cullen Bay Marina
· Nearby to Mindil Beach Markets and the George Brown Botanical Gardens
· Moments from Parap and Fannie Bay, Lake Alexandar and the foreshore

Council Rates: $1,700 per annum (approx.)
Area Under Title: 104 square metres
Zoning Information: MR (Medium Density)
Status: Vacant possession
Body Corporate: North Management NT
Body Corporate Levies: $1,600 per quarter (approx.)
Rental Appraisal: $500-$580 per week (approx.)
Easements as per title: None found

Property History for 5208/4 Kurringal Ct, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
29 Jul 2024
Listed for Rent
$400/w
13 Mar 2018
  • 29 Jul 2024
    Sold
  • 15 Mar 2024
    Listed for Sale SOLD
  • 05 Mar 2018
    Listed for Rent - Price not available
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About Fannie Bay 0820

The size of Fannie Bay is approximately 2.1 square kilometres. It has 15 parks covering nearly 38.7% of total area. The population of Fannie Bay in 2011 was 2,514 people. By 2016 the population was 2,623 showing a population growth of 4.3% in the area during that time. The predominant age group in Fannie Bay is 30-39 years. Households in Fannie Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fannie Bay work in a professional occupation. In 2011, 48.1% of the homes in Fannie Bay were owner-occupied compared with 51.4% in 2016.

Fannie Bay has 1,510 properties. Over the last 5 years, Houses in Fannie Bay have seen a 35.82% increase in median value, while Units have seen a 16.51% increase. As at 31 July 2024:

  • The median value for Houses in Fannie Bay is $962,789 while the median value for Units is $428,931.
  • Houses have a median rent of $850 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Fannie bay on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Fannie bay.

Suburb Insights for Fannie Bay 0820

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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.