1/16-18 Mackillop Street, Parap, NT 0820

Located in one of Darwin's most sought-after lifestyle precincts, Parap, this ground-level one-bedroom unit offers a great opportunity for both investors and future owner-occupiers. 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 July 2025 - 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 15 July 2025

• Rental Income: $450/week (review due at lease end)

• Body Corporate: $1,207.50/quarter

• Council Rates: Approx. $1,800/year