Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

121 & 123 Playford Street, PARAP, NT 0820

+3 Photos

121 & 123 Playford Street, PARAP, NT 0820

Parap

×
Sold Check
+5 Photos
121 & 123 Playford Street, PARAP, NT 0820

121 & 123 Playford Street, PARAP, NT 0820

Properties / Sold / Northern Territory / Parap
Development Potential
Property Type
Residential
Land Area
1,708 m² (*approx)
Selling Method
For Sale: UNDER CONTRACT
Show All
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

Read More
Development Potential

121 & 123 Playford Street Development Site Summary

Property Type
Residential
Land Area
1,708 m² (*approx)
Selling method
For Sale: UNDER CONTRACT

Development Site 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

Read More
Development Potential

Finance Calculator

121 & 123 Playford Street, PARAP, NT 0820

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: northern territory
Indicative rate for northern territory. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO northern territory for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 121 & 123 Playford Street, PARAP, NT 0820

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
121 & 123 Playford Street, PARAP, NT 0820 Parap