Superb investment opportunity, steps from Parap Village Markets

Investors! We're looking at you! Currently leased at $460pw until January 2026, this two-bedroom unit creates a fantastic opportunity for you to add to your portfolio, allowing you to enjoy instant return on your investment, in a perfect position in popular Parap.

• Neatly appointed ground-level unit in leafy boutique complex
• Fresh, bright and airy through light-filled low maintenance layout
• Smart kitchen boasts modern appliances and breakfast bar dining
• Spacious and airy open-plan extends easily to alfresco living
• Covered verandah looks out over lush, leafy communal gardens
• Larger master offers wall of built-in storage and alfresco access
• Second bedroom is also robed and also opens to alfresco space
• Spotless bathroom features walk-in shower and integrated laundry
• Fully tiled and air-conditioned to remain cool and comfortable
• Parking provided for one car, plus access to sparkling inground pool

Situated a short stroll from Parap Village Markets, this well-presented unit provides a ready-to-go purchase perfect for the astute investor, positioned in a great location close to everything Parap prides itself on, as well as Fannie Bay's glorious coastline and Darwin's vibrant CBD.

Flooded with natural light and tiled throughout, the unit is designed with effortless everyday living in mind. It's easy on the upkeep yet light-filled and inviting, boasting a comfortable sense of space through a practical layout.

A tastefully appointed kitchen offers ample storage, modern appliances and informal breakfast bar dining, overlooking the airy and versatile open-plan. This flows natural outdoors via two sets of sliding doors, onto a covered verandah with gorgeous garden views.

Both rear bedrooms feature built-in robes and alfresco access, convenient to the spotless bathroom with a neatly integrated laundry and linen press in the hall. Rounding out its appeal, there is parking for one car and a lovely pool as well.

It's a leafy stroll to Parap Village for a coffee, while just beyond sits Parap Primary and Parap Pool. Hop on the bike to explore Fannie Bay's coastline, heading up to Lake Alexander and East Point Reserve, or get in the car to reach the city in just over five minutes.

Status: Currently leased at $460pw until January 2026
Year built: 1986 approximately
Area under Title: 69 sqm approximately
Zoning: LMR (Low-Medium Density Residential)
Easements: None Found on Title
Castle Real Estate Body Corporate Fees: $1,610 per quarter approximately
Darwin City Council Rates: $1,750 per annum approximately

Explore the area

View in Google Maps

School catchments

Parap Primary School Primary T-6 Government 0.54km
Ludmilla Primary School Primary T-6 Government 0.94km
Stuart Park Primary School Primary T-6 Government 1.2km
SEDA College NT Secondary 10-12 Independent 1.5km
St John's Catholic College Secondary 7-12 Catholic 1.6km
Darwin Middle School Secondary 7-9 Government 1.7km
Darwin High School Secondary 10-12 Government 1.9km
Northern Territory School of Distance Education Secondary 9-12 Government 1.9km
SEDA College NT - Waratah Club campus Secondary Independent 2.4km
St Mary's Catholic Primary School Primary T-6 Catholic 3.4km
Larrakeyah Primary School Primary T-6 Government 3.7km
Millner Primary School Primary T-6 Government 4.6km
SEDA College NT - Tennis NT campus Secondary Independent 4.8km
St Paul's Catholic Primary School Primary T-6 Catholic 5.0km
SEDA College NT - St Mary's Club campus Secondary Independent 5.5km
The Essington School - Senior Campus Secondary Independent 5.5km
Jingili Primary School Primary T-6 Government 5.6km
Nightcliff Primary School Primary T-6 Government 5.6km
The Essington School Combined T-12 Independent 5.6km
SEDA College NT - Terriory Rugby League Stadium campus Secondary Independent 5.6km
Nightcliff Middle School Secondary 7-9 Government 5.8km
Moil Primary School Primary T-6 Government 5.9km
Casuarina Senior College Secondary 10-12 Government 6.2km
Alawa Primary School Primary T-6 Government 6.4km
Anula Primary School Primary T-6 Government 6.5km
Wagaman Primary School Primary T-6 Government 6.9km
Top End School of Flexible Learning Secondary 5-12 Government 7.1km
Sanderson Middle School Secondary 7-9 Government 7.2km
Malak Primary School Primary T-6 Government 7.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.