OFF MARKET

111/204 Salonika Street
Parap NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: 2
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Property Details for 111/204 Salonika St, Parap

Building Type
Commercial
Local Government
Darwin

Last Listing description (June 2016)

The Spirit on the Avenue is located on the corner on Salonika Street and Stuart Highway just three kilometres away from the CBD. Colliers International is pleased to offer this ground floor office tenancy FOR SALE in this brand new 14 storey commercial/residential complex.
The subject tenancy is one of the larger commercial units with a total area of 240m2. Situated close to the main entrance amongst other well established businesses, including a child care centre, restaurant and caf .
Client car parking is located to the front of the unit with two allocated car parks contained within the basement level.

Key features:
Close to the CBD
One of largest commercial units in the complex
Amongst other established businesses
Free parking
For further information or to make an appointment please contact Craig Inkster or Dragica Hosking today.

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Property History for 111/204 Salonika St, Parap, NT 0820

A timeline of how this property has performed in the market
  • 22 Jan 2016
    Listed for Sale Not Disclosed

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About Parap 0820

The size of Parap is approximately 1.1 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of Parap in 2011 was 1,975 people. By 2016 the population was 2,759 showing a population growth of 39.7% in the area during that time. The predominant age group in Parap is 30-39 years. Households in Parap are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parap work in a professional occupation. In 2011, 45.6% of the homes in Parap were owner-occupied compared with 34.1% in 2016.

Parap has 1,832 properties. Over the last 5 years, Houses in Parap have seen a 25.39% increase in median value, while Units have seen a 0.22% increase. As at 30 September 2024:

  • The median value for Houses in Parap is $806,946 while the median value for Units is $331,838.
  • Houses have a median rent of $750 while Units have a median rent of $570.
There are currently 14 properties listed for sale, and 9 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Parap.

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