333/12 Salonika StreetParap NT 0820
Property Details for 333/12 Salonika St, Parap
333/12 Salonika St, Parap is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 239m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2014.
Last Listing description (October 2024)
Welcome to this rare and exceptional dual-key property in the highly sought-after suburb of Parap. Located at 333/12 Salonika Street, this modern, stylish, and spacious apartment offers an incredible investment opportunity for savvy buyers or an enviable lifestyle for owner-occupiers. Don't miss out on this amazing chance to secure a unique, versatile, and high-yielding property in a prime location, with an approximate yield of 7.5%!
Key Features:
- Dual Key Layout: The property consists of a spacious 2-bedroom, 2-bathroom apartment, as well as a separate 1-bedroom, 1-bathroom unit. Both living spaces boast their own private entrances, offering maximum flexibility for rental income or extended family living arrangements.
- Outdoor Living Spaces: Each living space features its own private balcony, providing a seamless indoor-outdoor flow for entertaining and relaxing.
- Secure Parking: The property includes two secure car spaces
- Prime Location: Situated in the heart of Parap, you'll be just moments away from the vibrant Parap Village, which offers an array of cafes, restaurants, and boutique shops. Enjoy easy access to public transport, schools, parks, and the Darwin CBD.
This versatile dual-key property presents a fantastic opportunity for investors seeking to maximize their rental income. Both living spaces can be rented out separately or combined, appealing to a wide range of tenant preferences. With strong rental demand in the area and high rental yields, this property is a smart addition to any investment portfolio.
For owner-occupiers, the dual key apartment offers the perfect solution for those looking to accommodate extended family or guests, or the potential to generate additional income by renting out one of the living spaces. Enjoy the convenience of living in a central location, with all the lifestyle amenities you need right at your doorstep.
Properties like this don't come along often. Be quick to arrange an inspection and secure your piece of Parap paradise at 333/12 Salonika Street.
Key Details:
Listing Price: Offers over $700,000.
Property Type: 3 bedrooms, 3 bathrooms, 2 parking spaces with dual key.
Year Built: 2014
Size: 239 Sqm (combined)
Body Corporate: $3,675 per Quarter
Council Rates: $1,350 per year
Body Corporate Management: Whittles Inc
Property Manager: Raine and Horne Darwin
Unit 333/12: Currently rented at 650$ per week.
Rented till: 31 Oct 2024
Unit 334/12: Currently rented at $490 per week.
Rented till: 17 Feb 2025
Contact Akansh Batta at 0483 333 235 for Inspection.
Property History for 333/12 Salonika St, Parap, NT 0820
- 17 Aug 2023Listed for Rent $650 / week
- 10 Jul 2023Listed for Sale Offers Over $700,000
- 02 Aug 2022Listed for Rent $600 / week
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0About 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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