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5 Mackillop Street Parap NT 0820

  • Hotel, Motel, Pub & Leisure
  • 1,000 m²
  • For Sale, $2,238,000

Solid Investment Freehold Motel in Darwin - Freehold Going Concern

    The Para Vista Motel is located a short stroll from the Parap Village Markets, Parap Hotel and only few minutes from Fannie Bay race course and Darwin City.

    19 rooms plus a 3 bedroom cottage, pool, BBQ area and ample car parking on a 1530 sqm block.

    Great opportunity to purchase a freehold and perhaps in the future consider selling the lease and retire.

    * Exceptional investment opportunity with a very high net profit
    * Recent renovations and upgrades to all 19 rooms
    * Outstanding guest reviews (8.0 Superb Booking.com) assuring repeat clientele
    * Short walking distance to restaurants, markets and Parap hotel
    * Very popular motel with consistent year on year income & profits
    * Air-conditioned, satellite TV and free Wi-Fi
    * In house laundry service and guest kitchen
    * Ancillary income from communications tower with a perpetual lease

    With the local real estate market booming, the Para Vista Motel presents a perfect opportunity to purchase a rock solid freehold motel in area with very little budget accommodation.

    Make your enquiry today and receive more information on the motel, why not book an inspection and take a look around town while you are here, you're sure to be impressed.

    Nearby Attractions
    Parap Market: 0.6 km. Museum & Art Gallery of the Northern Territory: 1 km. Darwin Botanic Gardens: 1.1 km. George Brown Darwin Botanic Gardens: 1.1 km. Fannie Bay Race Course: 1.2 km. Aquascene: 2.9 km. Darwin Entertainment Centre: 2.9 km. Crocosaurus Cove: 3 km. Mindil Beach: 1.3 km.

    Restaurants & cafes...
    Restaurant Parap Tavern: 0.3 km. Raging Bull Steakhouse: 0.3 km. Oka Teppanyaki Restaurant: 0.8 km. Darwin Sailing Club: 1.2 km.

    Shun Hatton
    O'Donoghues First National - Darwin
    Shun Hatton
    O'Donoghues First National - Darwin

    Property Highlights

    Property ID2016933307
    Floor Area1,000 m²
    Land Area1,530 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  14 Apr 2021
    Map for 5 Mackillop Street Parap NT 0820
    Map for 5 Mackillop Street Parap NT 08205 Mackillop Street Parap NT 0820
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Shun Hatton
    O'Donoghues First National - Darwin
    Shun Hatton
    O'Donoghues First National - Darwin

    Property Highlights

    Property ID2016933307
    Floor Area1,000 m²
    Land Area1,530 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  14 Apr 2021
    O'Donoghues First National - Darwin
    141 Mitchell Street Larrakeyah NT 0820
    Shun Hatton
    O'Donoghues First National - Darwin
    Shun Hatton
    O'Donoghues First National - Darwin

    Ask Shun Hatton about this property

    Shun Hatton

    Shun Hatton

    O'Donoghues First National - Darwin

    0414 *** ***
    0414282100

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