397/12 Salonika Street, Parap NT 0820
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PRICE GUIDE $390K
High-Yield Investment Opportunity – 8% Returns
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Welcome home to The Avenue, Set on Level 10 of the multi award-winning residential complex that perfectly blends comfort, style, and investment potential.
Whether you’re looking for a secure income stream or a place to call your own, The Avenue offers the ideal balance of strong returns and modern living in a premium location.
This stylish studio one-bedroom, one-bathroom apartment, elevated high above the city – capturing cool breezes and sweeping outlooks, making it the perfect urban retreat or a savvy investment.
The bedroom is generously sized with double mirrored built-in wardrobe. Light and bright with sliding windows to maximise air flow and sliding concertina doors through to the living area.
Comfort is assured year-round with full air-conditioning throughout. The well-appointed kitchen blends seamlessly into the living area, offering ample cupboard space, gas cooking, stone benchtops and integrated dishwasher. An internal laundry adds an extra layer of convenience and practicality.
The apartment also includes a single undercover car park with charging for electric vehicles available, all within a secure and well-maintained complex. Adding further appeal is a dedicated storage room located within the undercover car park, with store room currently leased at $120 per month, providing an excellent additional income stream.
Residents enjoy access to an impressive range of facilities, including an infinity resort-style pool, a fully equipped gym, function room, games room, community vegetable and herb gardens and much more.
Positioned in an unbeatable location, you are just moments from Darwin City, the iconic Mindil Beach, and the vibrant Parap Markets. Enjoy a leisurely breakfast at one of two cafes located on the ground floor and make the most of the lifestyle this address delivers.
Whether you are looking to move in, invest, this is your opportunity to secure a low-maintenance property in a premium location.
Property Features:
• Level 10 apartment in The Avenue, Parap
• 1 bedroom, 1 bathroom with open-plan living
• Fully air-conditioned throughout
• Undercover car park and a storage room (leased $120/w)
• Resort-style pool, gym, games room, kids playground and more
• Prime location near city, beach & Parap Markets
Neighbourhood Features:
• Darwin CBD – approx. 3 km
• Mindil Beach & Sunset Markets – approx. 2.5 km
• Parap Markets – approx. 500 m
• Fresh Point Café (downstairs) – within complex
• Fannie Bay Foreshore – approx. 2 km
• Darwin High School – approx. 2.5 km
• Darwin Airport – approx. 7 km
• East Point Reserve – approx. 5 km
• Parap Shopping Village – approx. 500 m
• Cullen Bay Marina – approx. 3 km
Additional Information as follows:
• Council Rates: Approx $1460 per annum
• Year Built: 2014
• Planning Scheme Zone: SD30 (specific Use)
• Area under Title: 89 sqm
• Status: Tenanted
• Rental Estimate: Unit -currently leased for $570 per week with a rental appraisal of $610 per week. Storage Room – $120 per month.
• Settlement Period: 45 days
• Easements as Per Title: Subsequent Scheme Statement – Replacement of Unit Title Scheme Statement (Scheme
2014/030) (827346)
Disclaimer: We do our best to ensure that all the information provided is correct, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
Extra Information
Council Rates:
Approx $3,250 per annum
Year Built: 2013
Planning Scheme Zone:
SD21 (Specific Use)
Area Under Title: 838 sqm
Status: Vacant Possession
Rental Estimate:
$1,000 – $1,200 per week
Settlement Period: 45 days
Easements as Per Title:
Electricity supply Easement
to Power and Water Corporation


















