52 Gregory Street, Parap, NT 0820 | Studio for sale | OnTheHouse
 
FOR SALE
$149,000

52 Gregory Street
Parap NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 16m2
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PURE INVESTMENT & OR PLEASURE, PAYS IT OWN WAY

Fantastic bedsit in an ideal location, furniture included.
Close to markets, cafe, public transport, shops, ocean, and everything else the tropics has to offer, this unit features a bedroom, en-suite and small basic meal prep facilities.
The complex features a newly renovated pool & pool area, communal kitchen, communal laundry, and lush tropical gardens with may sitting areas established throughout the grounds.
Yielding returns of over $70 to $190p/n depending on the season through Air-BNB totalling around $15,000 to 20,000p/a plus.
This property also lends itself to FIFO workers that can have a convenient Darwin base & make money from the property on Air-BNB while you are away, just block out the dates you need on the Air-BNB app & book out the with guests.
It presents many fantastic opportunities!
Cash only purchase or through use of line of credit or 100% funded from a redraw facility from another mortgage is required to fund this purchase as the unit is under 50m2 and zoned as short stay accommodation only.
Body Corporate: $650 p/q (Includes power, water, insurance & maintenance)
Council rates: Approx. $1,895 p/a
Tenancy status: Short term stays / Vacant
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Property Details for 52 Gregory St, Parap

52 Gregory St, Parap is a 1 bedroom, 1 bathroom Studio. The property has a floor size of 16m2. The place is currently for sale with Call 2 View Real Estate .

Building Type
Studio
Floor Size
16m2
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About Parap 0820

The size of Parap is approximately 1.1 square kilometres. There are 11 parks, covering nearly 11.7% of the total area. The population of Parap in 2016 was 2747 people. By 2021 the population was 2819 showing a population growth of 2.6% 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 $2400 - $2999 per month on mortgage repayments. In general, people in Parap work in a professional occupation.In 2021, 36.10% of the homes in Parap were owner-occupied compared with 34.10% in 2016.

Parap has 1,831 properties. Over the last 5 years, Houses in Parap have seen a 36.47% increase in median value, while Units have seen a 57.78% increase. As at 30 June 2026:

  • The median value for Houses in Parap is $992,487 while the median value for Units is $452,513.
  • Houses have a median rent of $875 while Units have a median rent of $625.
There are currently 15 properties listed for sale, and 8 properties listed for rent in Parap on OnTheHouse. According to Cotality's data, 132 properties were sold in the past 12 months in Parap.

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Louise Leschi
Call 2 View Real Estate
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