7 Mackillop StreetParap NT 0820
Property Details for 7 Mackillop St, Parap
7 Mackillop St, Parap is a 7 bedroom, 4 bathroom Unit with 8 parking spaces and was built in 1950. The property has a land size of 1530m2 and floor size of 340m2. While the property is not currently for sale or for rent, it was last sold in August 2017.
Last Listing description (September 2017)
Brand new to the market is this wonderful opportunity for the smart investor or developer to purchase these famous four units in the prestige suburb of Parap.
Massive land allotment of 1,530sqm these units are currently rented ranging from $700.00 to $930.00 per fortnight with the longest lease ending in May 2018 with the interest from all tenants to extend further.
What we love about this property:
- Each dwelling features private bathroom, kitchen and living areas
- Glass louvre windows and large doors throughout invite the lush tropical gardens inside
- Property oozes artistic appeal with creative design, mosaic themes throughout
- Shrouded in extensive tropical gardens, you'll feel a world away from the hustle and bustle of city living while only five minutes from all CBD conveniences
- Peaceful meandering pathways, paved private courtyard
- Large rear carport with enclosed workshop
This remarkable property survived cyclone Tracey and has been revamped and reinvented, laden with artistic flair and character. Tropical oasis meets contemporary style.
The current owner has placed the property on the FASTRAK sale process and is willing to look at all offers as there is no set price.
Property History for 7 Mackillop St, Parap, NT 0820
- 25 Aug 2017Sold for $925,000
- 25 May 2017Listed for Sale Not Disclosed
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0About 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 1,833 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.
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