Back 12/5 Belle Place
Off Market

12/5 Belle Place

Millner NT 0810

2
1
2
Unit
Last sold for $370,000
Richard GrantRichard Grant, last sold this property on 24 October 2025 after 4 days on market.

Overview

Millner's Top-Floor Gem – Stylish, Spacious & Secure

For more property information including body corporate and reports text 12BEL to 0488 810 057 Real Estate Central proudly presents this spacious two-bedroom apartment in a highly sought-after Millner location. The best of both worlds - immediate rental income and future owner-occupier potential. This property qualifies for the Government's 5% deposit, no LMI scheme, as first home buyers can move in within six months of settlement. A rare opportunity to invest now, receive an awesome rental return, and move in soon after! Situated in a secure, gated complex, this top-floor apartment offers a comfortable, low-maintenance lifestyle with excellent convenience. Close to Darwin Hospital, Charles Darwin University, Darwin Airport, Casuarina Coastal Reserve, and Casuarina Square, and just 10–15 minutes from the Darwin CBD, this location is perfect for professionals, students, or investors. Inside, the open-plan living and dining area is bright and airy, opening onto a generous balcony with elevated outlook - ideal for relaxing or entertaining. The kitchen features ample storage, an integrated oven, and an electric cooktop. The main bedroom comes with built-in robes and a private balcony, while the second bedroom also includes built-in storage and enjoys great views. The bathroom has both a bathtub and a large shower, complemented by a separate toilet and internal laundry for convenience. The property is currently tenanted for $500 a week with the lease expiring in May 2026. The rent has been appraised at up to $580 a week which is over 8% gross return!! Additional features include two car spaces (one undercover) with automated gate access and a storage room, adding to the functionality of the home. - Top-floor, secure apartment - Two bedrooms with built-in robes - Main bedroom with private balcony - Open-plan living and dining - Spacious kitchen with integrated appliances - Bathroom with separate bath & shower - Internal laundry and separate toilet - Two car spaces + storage room - Close to hospital, university, airport, shopping & foreshore The finer points: • Council Rates: Approx. $1,798 per annum • Area Under Title: 145 metres squared • Year Built: 1995 • Zoning: MR (Medium Density) • Status: Leased @ $500 per week until 22/05/26 • Body Corporate: North Management • Body Corporate Levies: Approx. $1,320 per quarter • Settlement period: 45 days or variation on request • Easements: As per title • Deposit: 10% or variation on request

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Millner over the last 12 months, the estimated median property value of 12/5 Belle Place is $355k.

Median value
$355k
Estimated value range
$255k - $520k
Median days on market
25
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Millner. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12/5 Belle Place

2025
Sold
$370,000
24 Oct 2025 by Richard Grant, of Real Estate Central
2024
Rented
Undisclosed
Leased on 21 Apr 2024 by Thrive Property NT

Happy sellers in Millner

~%

We have insufficient information to provide an overview of customer satisfaction for Millner. Viewing the agent profiles, reviews and sales for Millner can provide insights for this location.

Local market activity for 2 bedroom units in Millner

In the last 12 months, 14 two-bedroom units similar to 12/5 Belle Place, have been sold.

This represents a 18% decrease in two-bedroom units sales when compared to the previous 12 months.

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