OFF MARKET

2/18 Salonika Street
Parap NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 188m2
Land area: 18000m2
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Property Details for 2/18 Salonika St, Parap

Building Type
Commercial
Floor Size
188m2
Land Size
18000m2
Local Government
Darwin

Last Listing description (May 2019)

Off The Plan - The Avenue
Secure your own premises in Darwin's prime location.
Be surrounded by some of this city's leading businesses.

Pay today's prices when you settle in early 2014.
Relax in the comfort of no parking hassles.
Take advantage of the innovative Business Atrium.
Benefit from local restaurants, retail shops, medical practitioners and childcare services.
Professional on-site management.
Utilize your self managed Super Fund to achieve the ideal outcome.
Only 13 tenancies remain, in this case is Tenancy 2 with a floor area of 188m2. Located on the ground floor with excellent street frontage and will face the Stage 3 Business Hotel, apartment complex & supermarket.
The Avenue precinct on Salonika Street has been designed with many unique facets to create a living and working environment unprecedented in Darwin. Thoughtfully designed to create a real sense of place The Avenue offers the commercial tenant an environment where business can thrive and prosper.
If you can visualize your business being at the centre of things on The Avenue, if you want to be in a place that has character, vitality, ambience and offers an environment that is out of the ordinary and is an integral part of Darwins future contact the The Avenue sales Office today or visit www.ontheavenue.com.au

Property History for 2/18 Salonika St, Parap, NT 0820

A timeline of how this property has performed in the market
  • 09 May 2013
    Listed for Sale 1134000

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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 1,831 properties. Over the last 5 years, Houses in Parap have seen a 21.57% increase in median value, while Units have seen a 27.70% increase. As at 31 October 2024:

  • The median value for Houses in Parap is $779,500 while the median value for Units is $325,196.
  • Houses have a median rent of $750 while Units have a median rent of $575.
There are currently 17 properties listed for sale, and 13 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Parap.

Suburb Insights for Parap 0820

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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.