201/12 Salonika StreetParap NT 0820
Property Details for 201/12 Salonika St, Parap
Last Listing description (June 2021)
Located in The Avenue, approximately 2.5 Radial Kilometres from the Darwin CBD, adjacent to the Stuart Highway, this 'A' Grade office space leased to a blue chip tenant, is a great commercial investment.
* Approximately 450m2 'A' Grade office Space
* Lease to Northern Territory of Australia expiring 30th June 2024
* Passing NET income of approximately $170,000 NET
* Quality building with great amenitieS
If you are considering a solid commercial investment, 201/12 Salonika Street offers great security and a sold return.
For further information, please contact Jeremy O'Donoghue 0407 080 067.
Property History for 201/12 Salonika St, Parap, NT 0820
- 08 Jul 2021Sold for $2,050,000
- 11 Jan 2021Listed for Sale Negotiable above $2.1million (Going Concern)
- 10 Jun 2015Sold for $2,250,000
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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 1,833 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.
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