205/12 Salonika StreetParap NT 0820
Property Details for 205/12 Salonika St, Parap
Last Listing description (October 2023)
Positioned only 2kms north of the Darwin CBD and adjoining the Stuart Highway, allowing convenient access in to and out of Darwin City.
The Avenue is located in the highly sought after suburb of Parap and offers great access from all directions. This location is desirable as it is outside of the city and easily accessible but still convenient to the city when required.
'The Avenue' is a modern mixed used development, it includes basement car parking two levels of commercial tenancies on the ground and first floor and a residential tower above. The commercial occupants at 'The Avenue' have access to extensive common amenities including a large boardroom and air conditioned atrium.
Suite 205 is 193m internally and offers an immaculate fit-out with LED lights and full height glass partitioning throughout with excellent natural light. The area includes a reception area, five offices, a meeting room, boardroom, open plan area with nine fixed workstations and a breakout area.
There are provisions for signage facing the Stuart Highway, and the property comes with five car parks and another five car parks in the commercial pooled parking, and a basement storeroom area.
For more information please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243.
Property History for 205/12 Salonika St, Parap, NT 0820
- 25 Aug 2023Sold for $790,000
- 31 Jul 2023Listed for Sale $920,000 + GST
- 31 Jul 2023Listed for Rent $72,000 / year
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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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