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  • 42/52 Gregory Street, PARAP, NT 0820

42/52 Gregory Street, Parap, NT 0820

  • 1 Bed
  • 1 Bath

Sold

Sold for $102,000 on Nov 15, 2024

Home Away From Home

This hotel style unit is perfect as your port of call when travelling in the Tropics, or to rent out short term to other workers and visitors to balmy Darwin.

Situated within walking distance to the Parap Markets and shopping precinct, it is ideally placed with the City, East Point a short drive away.

Featuring:

• Neat air conditioned and carpeted unit on 1st floor

• Furnished studio apartment, including contemporary matching furniture

• Spacious closet and kitchenette area

• Fully tiled modern ensuite with separate toilet

• Pool in complex for residents and guests

• Laundry and kitchen facilities on site

• Complex is a popular Air BNB site

• Projected yield from hotel pool is $800-$1,000 per month, season dependent

Council rates- $1,425 approx/ annum

Body Corporate- $724 per quarter approx. (including electricity)

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avatar Paige Crow
Paige Crow
Sales Consultant

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Property Info:
  • Property ID: L839214
  • Property Type:Apartment
  • Building / Floor Area:16 sqm
  • Land Area:16 sqm
We Know Your Area
R&H Suburb Profile: Parap
R&H Suburb SummaryHouses
Number of sales20
Average Price$999,384
Median Price$940,000
Median Rental Price$750 p.w.
Change in Rental Rate (5yr)27 %
R&H Suburb SummaryUnits
Number of sales44
Average Price$341,534
Median Price$362,500
Median Rental Price$575 p.w.
Change in Rental Rate (5yr)44 %
Median Trend - $940,000
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