Located in one of Darwin's most sought-after lifestyle precincts, Parap, this ground-level one-bedroom unit offers a great opportunity for investors. It's low-maintenance, well-located, and already tenanted - ready to go from day one.
A Solid Investment:
• 7.55% gross return - strong rental yield
• Tenanted until Jan 2026 - secure tenant wishing to remain.
• Low-maintenance property in a highly desirable suburb
Key Features:
• Private, gated front courtyard
• Two dedicated car parks
• Lock-up storeroom for extra convenience
• Handy study nook / 2nd bedroom space - ideal for remote work or visitors
• Combined bathroom/laundry setup
• Recently retiled throughout - modern and easy maintenance
• Compact kitchen designed for function
• Available for owner-occupiers from July 2025 or retain the current tenant.
Prime Location:
• Less than 10 minutes to Darwin CBD
• A short walk to Fannie Bay and beautiful local beaches
• Close to Parap Village Markets, shops, and local cafés
• Easy access to Darwin Trailer Boat Club, Ski Club, and Sailing Club
This is a great opportunity to buy into an established suburb with solid rental returns and lifestyle appeal. Whether you're looking for an investment or a future home base, this one ticks a lot of boxes.
Extra Details:
• Tenancy: Leased until January 2026 - Superb Tenant in Place
• Rental Income: $450/week
• Body Corporate: $1,207.50/quarter
• Council Rates: Approx. $1,800/year