This property is a unit in 5286 Parap NT. Based on comparable properties, its value is $250,000. Built in 1986, featuring 2 bedrooms and 1 bathroom.
Renovated top floor unit under $200K in PARAP + 8.2% return TROPICANA SOUTH, ENTER FROM HUDSON COURTAre you over paying off someone elses mortgage?Not knowing how long youve got before youre moved on?Nows the time to change all that with low rates getting lower.Or maybe youre looking for a great investment. This is your opportunity.The unitThis newly renovated 2 bed room,1 bathroom, 1 car space 69m2 unit is situated on the top floor overlooking gardens. Built in 1984, the unit has recently been fully renovated inside and out with a covered outside deck for extra living area.It offers open plan living, good size balcony overlooking tropical trees which offer cooling shade and privacy. The unit also has near new air conditioning, a new kitchen with breakfast bar as well an internal laundry.A security pool with pin access is also on site.The LocationThe property is located handy to shops transport and a few minutes drive to Darwins CBD and fore shores.For the investor, This property is rented at $300p/w (8.7% gross return) until August 2019Rates are 1,387 P/ABody Corporate: $1,448 P/Q No need to get over committed with a big mortgage and high maintenance living.Step into this and save while setting up your future.This property has been priced by an independent registered valuation company for accuracy and successful finance approval for buyers.