2/12 Bayview StreetFannie Bay NT 0820
Property Details for 2/12 Bayview St, Fannie Bay
2/12 Bayview St, Fannie Bay is a 12 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1995. The property has a land size of 142m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (October 2024)
IN-ROOM AUCTION | THURSDAY 22ND AUGUST, 12PM
Location: Ray White Darwin (36 Parap Road, Parap)
Property Specifics:
Year Built: Post Const - issued in 1995
Council Rates: Approx. $11,640 per year for all 6 units
Area Under Title: 1370 square metres
Rental Estimate: Approx. $380-$420 per week
Vendor's Conveyancer: Cassandra Mammino
Preferred Settlement Period: 30-45 days from the contract date
Preferred Deposit: 10%
Easements as per title: None found
Zoning: LMR (Low-Medium Density Residential)
Status: Tenanted
CURRENT ARRANGEMENT
- All 6 units are strata titled
- There is no body corporate
- All units are being auctioned as one sale on Thursday 22nd of August at 12:00pm
- There is an agreed option for unit 1
- Shared common laundry area
- Undercover parking
- Pool in complex
Lease Details:
1/12: Lease end - month to month | $780 FM
2/12: Lease ends - 14/09/24 | $760 FN
3/12: Lease ended - Month to month |$760 FN
4/12: Lease ends - 14/09/24 | $760 FN
5/12: Vacant
6/12: Lease ends - 23/12/24 | $760 FN
NB: All tenants are interested in sigining leases with the new owner.
This is a phenomenal opportunity to secure a stand alone block of 6 strata titled units, on a prime 1370 sqm of land. This complex backs onto Bayview Park and is just moments from East Point Reserve.
The complex has one undercover parking for each unit and two visitor car parks. Each unit has been allocated it's own private veggie patch, which has been built from a water tank.
Friendly long term tenants who are wanting to sign extended leases.
Opportunities of this calibre in this location do not come on the market and are generational properties.
AUCTION TERMS
30 day settlement | 10% deposit
Auction will be held In Room and online. Bidding can be in person at the Ray White Darwin office, over the phone, or via online app if you interstate.
Registrations: Please contact Andrew Harding 0408 108 698
Property History for 2/12 Bayview St, Fannie Bay, NT 0820
- 24 Oct 2024Sold for $1,200,000
- 13 Aug 2024Listed for Sale SOLD PRIOR TO AUCTION
- 22 Oct 2018Sold for $185,000
Recent sales nearby
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0About Fannie Bay 0820
The size of Fannie Bay is approximately 2.1 square kilometres. There are 15 parks, covering nearly 38.7% of the total area. The population of Fannie Bay in 2016 was 2624 people. By 2021 the population was 2875 showing a population growth of 9.6% in the area during that time. The predominant age group in Fannie Bay is 30-39 years. Households in Fannie Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fannie Bay work in a professional occupation.In 2021, 45.70% of the homes in Fannie Bay were owner-occupied compared with 51.40% in 2016.
Fannie Bay has 1,510 properties. Over the last 5 years, Houses in Fannie Bay have seen a 36.83% increase in median value, while Units have seen a 29.64% increase. As at 31 May 2026:
- The median value for Houses in Fannie Bay is $1,116,144 while the median value for Units is $539,850.
- Houses have a median rent of $990 while Units have a median rent of $600.
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