5 Mackillop Street,
Parap, NT 0820
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Sold on
First National Commercial - O'Donoghues
141 Mitchell StreetLARRAKEYAH, NT 0820
08 8942 894...
5 Mackillop Street
Parap, NT 0820
Map of 5 Mackillop Street
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.
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.
Property ID: 503803682Last Updated: 28 Jun 2022
First National Commercial - O'Donoghues141 Mitchell Street
LARRAKEYAH, NT 0820
LARRAKEYAH, NT 0820
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.