OFF MARKET

5/5 Tsolos Place
The Narrows NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 82m2
Land area: 237m2
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Property Details for 5/5 Tsolos Pl, The Narrows

5/5 Tsolos Pl, The Narrows is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 237m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2005
Floor Size
82m2
Land Size
237m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 6941/S 99/203

Last Listing description (May 2023)

Take a look at this modern and stylish fully tiled and air-conditioned two bedroom unit, conveniently positioned at the corner of a small and peaceful residential unit complex . Its vacant and ready to move in!

This well positioned quality two-bedroom unit boasts a solid and functional open floor plan design and is situated in a central location to both Darwin and Palmerston CBD. Featuring a large private courtyard , plenty of room for pool in the future, this home is a complete and appealing package for those who are just starting their real estate journey, downsizing or investors.

Property Features:

- Freshly painted inside with all new modern downlights
- Two spacious large bedroom with built in wardrobes
- Huge open living/dining area
- Modern spacious kitchen but privacy
- Fully air conditioned and tiled throughout the property
- Great under cover entertainment area
- Good sized private, fully fenced yard, secured complex
- Spacious easy to maintained Courtyard, verandah entertaining area
- One undercover carpark and additional on side
- Internal laundry room has linen press and yard access as well
- Sliding doors lead from the living areas to the private courtyard
- Secure complex in well maintained area
- Under 10 minutes drive from either Casuarina or the CBD

The complex is neat, tidy, well maintained and a short drive under 10 mins to both Darwin and Palmerston CBD in either direction, major and local shopping centres, beaches and close to public transport. At the
current market particularly in terms of the location, quality and condition of the property, this property would be ideal for either an excellent investment or first home buyer or downsizing options. One size fits all!

Contact the agent today to arrange the inspection

Council Rates: Approx. $1,900 per annum
Area Under Title: 237 square metres
Year Built: 2005
Zoning: LMR (Low-Medium Density Residential)
Status: Vacant Possession
Rental Estimate: $480 - $500 per week
Body Corporate : Attitude Management NT
Body Corporate Levy : Appx $1,229 per quarter

Settlement period: 30 days or variation on request
Deposit: 10% or variation on request
Easements as per title: None found

Property History for 5/5 Tsolos Pl, The Narrows, NT 0820

A timeline of how this property has performed in the market
Last Sold
$363,000
05 May 2023
Listed for Rent
$300/w
15 Jul 2019
  • 05 May 2023
    Sold for $363,000
  • 15 Dec 2022
    Listed for Sale UNDER CONTRACT
  • 31 May 2019
    Listed for Rent - Price not available
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About The Narrows 0820

The size of The Narrows is approximately 0.3 square kilometres. It has 1 park covering nearly 7.8% of total area. The population of The Narrows in 2011 was 631 people. By 2016 the population was 610 showing a population decline of 3.3% in the area during that time. The predominant age group in The Narrows is 40-49 years. Households in The Narrows are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in The Narrows work in a trades occupation. In 2011, 41.5% of the homes in The Narrows were owner-occupied compared with 43.8% in 2016.

The Narrows has 266 properties. Over the last 5 years, Houses in The Narrows have seen a 20.84% increase in median value, while Units have seen a 44.01% increase. As at 31 October 2024:

  • The median value for Houses in The Narrows is $688,172 while the median value for Units is $354,425.
  • Houses have a median rent of $425 while Units have a median rent of $380.
There are currently 2 properties listed for sale, and no properties listed for rent in The narrows on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in The narrows.

Suburb Insights for The Narrows 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.