Tucked away to offer perfect privacy, this tenanted two-bedroom apartment creates a wonderful opportunity for investors who know a thing or two about buying in the right location! Yep, Parap Village Markets is an easy stroll from the front door, with other favourites such as Parap Pool, Fannie Bay’s beautiful coastline and East Point Reserve only moments away.

 Attractive apartment on ground floor of the Billara complex
 Currently tenanted to create potential for instant return
 Lovely low maintenance layout feels inviting and easy throughout
 Updated kitchen features modern appliances and moveable bench
 Flow through airy open-plan to impressively sized courtyard
 Covered alfresco entertaining with grassy space and gate to street
 Master offers built-in robe and stylishly renovated ensuite
 Second robed bedroom, main bathroom with integrated laundry
 Split-system AC in every room keeps everything cool and comfortable
 Secure complex, parking for two cars plus storeroom

First up, let’s talk about this as an investment opportunity. It already has an excellent tenant in place, removing the hassle of finding one, while providing potential for instant return on your investment. Currently rented at $560/week until August 2026/

So, what else does the apartment offer that sets it apart? Low Body Corp fees and a very healthy sinking fund.

In its ground floor position, it provides something that the levels above don’t have: a courtyard. Impressively spacious, this outdoor space is a huge highlight, offering both covered alfresco entertaining and a grassy courtyard that’s private and peaceful.

Framed by leafy landscaping – that’s just as easy to care for as the interior – the courtyard impresses further with gated access to the street, allowing you to simply stroll out and explore the best of Parap without having to go through the complex.

Back inside, you’ll love how relaxed and inviting it all feels. High ceilings, updated floors, splashes of colour – they all work together to create a space you will enjoy spending time in.

Through the practical, well-planned layout, the updated kitchen offers seamless connection with the open-plan, and from there, the courtyard, while both robed bedrooms are generous in their proportions.

The stylishly renovated ensuite is another win, while the main bathroom goes big on functionality with a neatly integrated laundry. Aside from that, there is split-system AC and secure parking for two cars with remote gate access.

It’s moments to the beach – as well as the Sailing and Trailer Boat clubs – and around five minutes to the sparkle of Darwin’s vibrant CBD.

What more could you ask for? Call today to arrange your inspection!

Relevant Property Information:

Status: Tenanted at $560/week – lease expires 6/8/26
Settlement: usually 30-45 days
Darwin City Council Rates: $449 / Quarter
Body Corp Fees: $1,374 / Quarter
Body Corp Manager: Castle Real Estate
Area Under Title: 198 m2
Vendors Conveyancor: Saunders Conveyancing