22/52 Gregory Street, Parap NT 820

Located in the iconic section of Parap, the hotel style unit can be rented out long term, or short term stays, including through the hotel pool.
Alternatively, use it for your own central base in Darwin! Only 5 minutes to CBD, a stroll to the markets and East point

• Fully furnished studio apartment offers a queen bed , TV, bar fridge
• Spacious closet and room for desk and chairs
• Fully tiled ensuite
• Room to park freely
• Pool in complex for residents and guests
• Laundry facilities on site

Currently tenanted and rented at an approximate 10% return.

Projected yield from hotel pool is $800-$1,000 per month, season dependent

Tropics and timber meet to create a charming space to relax, whether that's for a night or longer!

Council rates- $1246 approx/ annum
Body Corporate rates- $861 approx/ quarter (including electricity)