365/12 Salonika Street, Parap NT 0820

Ocean view 8th floor | Spirit on The Avenue | 2BR 2BA | Parap priority school zone The apartment’s elevated position on the 8th floor delivering unobstructed ocean views is its strongest structural advantage, making it rare among two-bedroom units in Parap. The Spirit on The Avenue development carries a known brand premium, and the inclusion of solar panels and a swimming pool reduces ongoing utility and lifestyle costs for an owner-occupier. Being within the priority enrolment area for Parap Primary School and Darwin Middle School adds measurable family buyer appeal, while the modern ensuite and mirrored built-in robes lift the finish above entry-level stock. This property best suits a professional couple or downsizer wanting low-maintenance living with a view, or an investor targeting the upper end of the rental range near $750 per week. The 742m² land holding is unusual for a high-rise apartment and may imply shared or strata-titled land rather than exclusive use, which a buyer should confirm as it affects resale flexibility. The 2023 sale at $620 appears to be a weekly rent figure rather than a purchase price, creating ambiguity in the recent transaction history that warrants a direct agent query. No bushfire, flood, or heritage overlays reduce insurance and approval risk, but the absence of FTTP or FTTB connectivity is a minor gap for remote workers. Hold this property as a long-term rental for steady cash flow or live in it to capture the view premium, then exit when the Parap school zone demand peaks.