SOLD
RECENT ADVICE
Sold on 17 Dec 2024 for $612,500

1/15 Philip Street
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 321m2
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Property Details for 1/15 Philip St, Fannie Bay

1/15 Philip St, Fannie Bay is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces. The property has a land size of 321m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Townhouse sold in Fannie Bay in the last 12 months.

Building Type
Townhouse
Floor Size
101m2
Land Size
321m2

Last Listing description (December 2024)

FOR ALL PROPERTY INFORMATION, please copy and paste the code below to your preferred web browser.
https://vltre.co/G57LrU

Key Details:

Body Corporate: Whittles Body Corporate Managers
Body Corporate Rates: $1,380 Per Quarter (Approximately)
Council Rates: $1,750 Per Annum (Approximately)
Easements: None Found
Fully Furnished: Yes
Land Area: 321m²
Pool: Yes
Property Status: Vacant Possession at Settlement (30 days notice) / AirBNB - Please contact agent to discuss
Property Status: Leased on AirBnB @ $295 Per Night.
Rental Estimate: Please see property information for earning potential and financial statements
Sellers Conveyancing Agent: Tschirpig Conveyancing Services
Solar Panels: Yes
Unit Area: 101m²
Year Built: 1988
Zoning: LMR (Low-Medium Density Residential)

Complex Amenities
Pets: Upon Application to the Body Corporate
Pool: No
No. of Units in Complex: 4

Body Corporate Information:
Admin Fund $1,190 Per Quarter (Approximately)
Annual budget and AGM minutes available in the property information (https://vltre.co/G57LrU)
Sinking Fund $190 Per Quarter (Approximately)
Water and Sewerage included in Body Corporate fees

Unlock the potential for fantastic returns, with the opportunity to earn over $50,000 per year from this established and thriving Airbnb! Discover the ultimate tropical retreat with this beautiful 2-bedroom, 1-bathroom Fannie Bay pool oasis. Ideally located just a minute's drive from Sunset Beach and the foreshore, and less than 10 minutes from the Darwin Golf Club and CBD, this property offers the perfect mix of relaxation and convenience for guests and owners alike.

Already delivering strong returns, this Airbnb has a loyal clientele and excellent reviews, proving its popularity as a top destination. Your guests can soak up the sun by the private pool or whip up a feast in the fully equipped kitchen, followed by alfresco dining in the lush outdoor setting.

The resort-like atmosphere is complemented by modern comforts, including air-conditioning and laundry facilities. For those who find time to work amidst all the relaxation, there's a dedicated desk space-ideal for checking emails or getting a little remote work done before heading back to the poolside.

This turnkey investment comes fully furnished and ready to continue as a high-performing Airbnb, offering not just comfort and style but also an established, profitable income stream with fantastic growth potential.

Around Suburb
• East Point Reserve on your doorstep
• Cafes and Restaurants a short walk away
• Close to the Mindil Beach, Parap, Nightcliff and Rapid Creek Markets
• Nightcliff Foreshore is near by
• Darwin CBD and Waterfront Precinct less than10 minutes away

Property History for 1/15 Philip St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$612,500
17 Dec 2024
Listed for Rent
$680/w
25 May 2015
  • 17 Dec 2024
    Sold for $612,500
  • 25 Oct 2024
    Listed for Sale UNDER CONTRACT
  • 03 Feb 2016
    Sold for $610,000
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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 1,513 properties. Over the last 5 years, Houses in Fannie Bay have seen a 22.47% increase in median value, while Units have seen a 14.01% increase. As at 30 November 2024:

  • The median value for Houses in Fannie Bay is $884,376 while the median value for Units is $410,799.
  • Houses have a median rent of $815 while Units have a median rent of $573.
There are currently 10 properties listed for sale, and 9 properties listed for rent in Fannie bay on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Fannie bay.

Suburb Insights for Fannie Bay 0820

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Contact agent
Nick Mousellis
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Tracy Barker
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Nick Mousellis Real Estate - Eview Group
Preferred contact:
Disclaimer
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.