OFF MARKET

5/16 Mackillop Street
Parap NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 56m2
Land area: 123m2
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Property Details for 5/16 Mackillop St, Parap

5/16 Mackillop St, Parap is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 123m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1999
Floor Size
56m2
Land Size
123m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 6945/U1999/095

Last Listing description (June 2022)

This beautiful one bedroom ground floor unit with its own private spacious courtyard situated in the heart of Parap would be a fantastic investment or for someone wanting a great home with easy, low-maintenance living , this is simply perfect.

This property is currently leased as an Airbnb, providing great returns and could be sold as an 'ongoing' investment. Alternatively, it would be a great cosy home!

Features include:

- Generous 123m2 under title
- Renovated modern kitchen with quality appliances and fixtures including gas cooking; dishwasher
- Large bedrooms featuring built-ins and mirrored robes
- Spacious bathroom with laundry
- Quality floorboards in kitchen & living areas
- Lovely large decking and private courtyard
- 2 parking bays , plus storeroom

This great property is situated in the heart of Parap, within 2 minutes walk to the iconic Parap Markets. Shops and public transport all literally at your doorsteps! Wonderful sunsets to be enjoyed each night down at the Sailing Club; Ski Club or East Point Reserve which is only 5 minutes drive. A relaxed, easy lifestyle is offered here in this great property!

Council Rates: Approx. $1,550 per annum
Area Under Title: 123 sqm
Zoning: MR (Medium Density)
Status: Vacant Possession
Body Corporate: Whittles
Body Corporate Levies: Approx. $1,100 per quarter
Vendors Conveyancer: Jarrett Lawrie
Deposit: 10% or variation on request
Easements as per title: Drainage easement granted to the proprietor(s) of lot(s) 6944
12/07/1999
Access easement granted over lot(s) 6944

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Property History for 5/16 Mackillop St, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$315,000
01 Jul 2022
Listed for Rent
06 Feb 2021
  • 01 Jul 2022
    Sold for $315,000
  • 31 Jan 2022
    Listed for Sale UNDER CONTRACT
  • 20 Jan 2021
    Listed for Rent - Price not available
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About Parap 0820

The size of Parap is approximately 1.1 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of Parap in 2011 was 1,975 people. By 2016 the population was 2,759 showing a population growth of 39.7% in the area during that time. The predominant age group in Parap is 30-39 years. Households in Parap are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parap work in a professional occupation. In 2011, 45.6% of the homes in Parap were owner-occupied compared with 34.1% in 2016.

Parap has 1,831 properties. Over the last 5 years, Houses in Parap have seen a 21.57% increase in median value, while Units have seen a 27.70% increase. As at 31 October 2024:

  • The median value for Houses in Parap is $779,500 while the median value for Units is $325,196.
  • Houses have a median rent of $750 while Units have a median rent of $575.
There are currently 17 properties listed for sale, and 13 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Parap.

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