Start your search

Buy

Sold

Include surrounding areas

All Residential Commercial Child/Healthcare Industrial Agriculture/Rural Mixed Use

Watch

Your home of Development Ready videos

Watch

All Videos

121 & 123 Playford Street, PARAP, NT 0820

Name: 121 & 123 Playford Street, PARAP, NT 0820
Address: 121 & 123 Playford Street , NT 0, Parap, NT, 820
Telephone: +61 411 234 567

+22 Photos

+24 Photos

SOLD

121 & 123 Playford Street, PARAP, NT 0820

Properties / Sold / Northern Territory / Parap

Development Potential

1. Property Summary

Property Type

Residential

Land Area

1,708 m² (*approx)

Selling Method

For Sale: UNDER CONTRACT

Show All

2. Property Highlights

Six Figure Income Stream with 1708sqm of land!

This complex boasts a whopping $156,000* return per annum in the blue chip suburb of Parap.

The property improvements include 6 x 2 bedroom units PLUS a 3 bedroom house, PLUS a 2 bedroom house on 1,708sqm prime land.

This complex is located close to the Fannie Bay Race Course, Fannie Bay Fore Shore, local shops, Schools, cafe's and the recently opened $15.5 million dollar Parap Swimming Pool.

* Open plan 6 x 2 bedroom units

* Large 3 bedroom house, detached with own courtyard

* Separate 2 bedroom house

* Outstanding buy and hold opportunity

* Solid brick construction

* Open common grassed area

* Private laundry facilities

* Located close to the Fannie Bay Racecourse, local shops and East Point Reserve.

* Convenient off-street parking for residents.

Annual Rental Income: $156,000*

Area Under Title: 1,708 Square Metres

Darwin Council Rates: $11,180 Per Annum (Approximately)

Remember to mention you found this property on DevelopmentReady