2/12 Bayview Street, Fannie Bay, NT 0820 | Property Value & History | OnTheHouse
OFF MARKET

2/12 Bayview Street
Fannie Bay NT 0820

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Floor area: 70m2
Land area: 142m2
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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.

Building Type
Unit
Year Built
1995
Floor Size
70m2
Land Size
142m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1684/UP 95/063

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

A timeline of how this property has performed in the market
Last Sold
$1,200,000
24 Oct 2024
  • 24 Oct 2024
    Sold for $1,200,000
  • 13 Aug 2024
    Listed for Sale SOLD PRIOR TO AUCTION
  • 22 Oct 2018
    Sold for $185,000
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About 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 1,509 properties. Over the last 5 years, Houses in Fannie Bay have seen a 69.52% increase in median value, while Units have seen a 37.34% increase. As at 30 April 2026:

  • The median value for Houses in Fannie Bay is $1,369,595 while the median value for Units is $546,565.
  • Houses have a median rent of $940 while Units have a median rent of $600.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Fannie bay on OnTheHouse. According to Cotality's data, 113 properties were sold in the past 12 months in Fannie bay.

Suburb Insights for Fannie Bay 0820

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.