52 Gregory Street, Parap NT 0820

This compact unit at 25/52 Gregory Street offers a unique blend of investment potential and personal convenience in the tropical locale of Parap, NT. Ideal for budget-conscious investors or individuals seeking a comfortable, low-maintenance base close to urban amenities, this property stands out for its strategic location and flexible use.

Positioned within a well-serviced complex, the unit benefits from access to communal facilities such as a newly renovated pool area, a communal kitchen, laundry facilities, and lush tropical gardens featuring multiple seating areas. These shared amenities enhance the quality of life while reducing upkeep responsibilities for residents.

With a thoughtfully designed layout that maximizes the available space under 50 square meters, the unit includes a dedicated bedroom and en-suite bathroom complemented by a small kitchenette. This setup caters perfectly to single occupants, FIFO workers, or those looking to leverage short-term rental income through platforms like Air-BNB, providing returns of up to $100 per night.

• Strategic location close to key conveniences including markets, cafes, public transport, shops, and the ocean.
• Suitability for short-term rentals or longer-term tenancy arrangements, offering a flexible investment or living option.
• Managed body corporate fees that cover power, water, insurance, and maintenance, easing the financial and logistical demands on owners.
• Opportunity for FIFO workers to maintain a Darwin base with income potential while away.

This property represents a practical choice for investors seeking dependable returns with minimal fuss, as well as for individuals desiring a functional living space that supports an active lifestyle in the tropical environment. The modest deposit requirement aligns with the unit's size, making it accessible within the current lending conditions.