Back 448/12 Salonika St
Off Market

448/12 Salonika St

Parap NT 0820

2
2
1
Apartment
Last sold for $420,000
Mick SmithMick Smith, last sold this property on 14 August 2017 after -1921 days on market.

Overview

City & Harbour Views - On The Avenue

Knight Frank is pleased to offer a choice of six residential apartments at The Avenue, 12 Salonika Street, Parap. The apartment configurations and price ranges have been designed to accommodate a wide variety of lifestyles and life stages. There are many different apartment layouts and sizes from one and two bedroom apartments, with generous balconies, where entertaining or simply relaxing can be done with plenty of room to move. Our display apartment 448 on the top floor (level 14) demonstrates high quality finishes, appliances and fittings with the underlying consideration of style, functionality and longevity of these apartments. The Avenue has the ideal location on one of Darwin's highest points, with its panoramic views of Darwin City and the harbor across the Botanical Gardens, and clear water views of Fannie Bay to the west and north. A great opportunity for the astute investor with a majority of these apartments being leased by blue chip mining industry tenants. Our display unit is vacant and would suit the discerning owner occupier. The complex offers outstanding amenities for residential occupants including a fully equipped gym, communal vegetable and herb garden, stunning salt water swimming pool, a number of shaded BBQ areas to relax in, games room for the kids, playground for the younger kids, function room which can be booked for parties, synthetic putting green and so much more... • 7.9% - 9.0% Gross returns - One bedroom apartments from $370,000 and two bedroom apartments from $430,000 • Top two level apartments only remain - Levels 13 & 14 • Brilliant city and sea views • Stylish & spacious executive apartments - approximately two and a half years of age • Fabulous location in chic multi-functional building • Close to the city, beaches, markets, schools & more The apartments on offer include: Apartment 448 (Display) Level 14: The Boulevard Design • Two bedroom, two bathroom apartment with one secure car park • Top floor apartment with spectacular views towards Mindil Beach and Darwin City • Total area of 136sqm under title - Internal indoor living area of 96sqm plus 23sqm balcony • Sold with vacant possession and without furniture Apartment 450 - Level 14: The Concourse Design • Two bedroom, two bathroom apartment with one secure car park • Top floor apartment with spectacular views towards Fannie Bay, East Point & beyond • Total area of 141sqm under title - Internal indoor living area of 94sqm plus 21sqm balcony • Leased to 31st August 2017 at $750 per week and sold fully furnished Apartment 452 - Level 14: The Concourse Design • Two bedroom, two bathroom apartment with one secure car park • Top floor apartment with spectacular views towards Fannie Bay, East Point & beyond • Total area of 141sqm under title - Internal indoor living area of 94sqm plus 21sqm balcony • Leased to 31st August 2017 at $750 per week and sold fully furnished Apartment 433 - Level 13: The Boulevard Design • Two bedroom, two bathroom apartment with one secure car park • Level 13 apartment with spectacular views towards Mindil Beach and Darwin City • Total area of 136sqm under title - Internal indoor living area of 96sqm plus 23sqm balcony • Leased to 31st August 2017 at $750 per week and sold fully furnished Apartment 436 - Level 13: The Gallery Design • Two bedroom, two bathroom apartment with one secure car park • Level 13 apartment with spectacular views towards Fannie Bay & East Point beaches • Total area of 148sqm under title - Internal indoor living area of 106sqm plus 20sqm balcony • Leased to 31st August 2017 at $750 per week and sold fully furnished Apartment 439 - Level 13: The Boulevard Design • Two bedroom, two bathroom apartment with one secure car park • Level 13 apartment with spectacular views over Mindil Beach • Total area of 136sqm under title - Internal indoor living area of 96sqm plus 23sqm balcony • Leased to 31st August 2017 at $750 per week and sold fully furnished Apartment 444 - Level 14: The Terrace Design • One bedroom, one bathroom apartment with one secure car park • Top floor apartment with spectacular views towards Mindil Beach and Darwin City • Total area of 112sqm under title - Internal indoor living area of 65sqm plus 18sqm balcony • Leased to 31st July 2017 at $560 per week and sold fully furnished Discover more about the residential possibilities at The Avenue by viewing the floorplans. For more information contact Mick Smith or Rick Trippe today and book your inspection.

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Parap over the last 12 months, the estimated median property value of 448/12 Salonika St is $471.25k.

Median value
$471.25k
Estimated value range
$335k - $550k
Median days on market
39
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parap. 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 448/12 Salonika St

2018
Rented
Undisclosed
Leased on 27 Mar 2018 by Knight Frank - Darwin
2017
Sold
$420,000
Private Sale/Treaty on 14 Aug 2017 by Mick Smith, of Knight Frank - Darwin
2017
Sold
$425,000
23 Mar 2017 by Mick Smith, of Knight Frank - Darwin

Happy sellers in Parap

66%
66% of sellers in Parap reported that their sale price either exceeded or met their price expectations.

Parap stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Parap over the last 12 months.

Local market activity for 2 bedroom apartments in Parap

In the last 12 months, 20 two-bedroom apartments similar to 448/12 Salonika St, have been sold.

This represents a 38% increase in two-bedroom apartments sales when compared to the previous 12 months.

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