Positioned in the highly desirable suburb of Parap, 22 Drysdale Street presents an exceptional opportunity to secure a generous 762m² parcel in a prime lifestyle location. Held as a reliable investment for over 20 years, the property offers outstanding rental income potential while also appealing to buyers seeking a home they can further enhance or personalise. Rich in Territory history, the home has stood the test of time, having survived Cyclone Tracy, adding a layer of character and resilience rarely found. Elevated to capture breezes, the residence features a substantial balcony a rare and highly sought-after inclusion in elevated homes today perfectly suited for entertaining or relaxing outdoors.
Designed for versatility, the home offers excellent use of space both upstairs and below. The expansive balcony extends the living area and enhances the home’s connection to the outdoors, while underneath you’ll find a built-in enclosure and an additional room beneath the balcony, providing flexibility for extra living zones, a home office or guest accommodation. Inside, the residence comprises three well-sized bedrooms and one bathroom, complemented by split system air conditioning and ceiling fans for practical everyday living.
Conveniently located just moments from the heart of Darwin, this property places you within easy reach of the iconic Parap Markets, Parap Swimming Pool, and a range of popular cafés, childcare facilities and both public and private schools. With Darwin’s CBD only minutes away, you’ll enjoy a lifestyle of ease and accessibility in one of the Territory’s most sought-after neighbourhoods.
Note: House is officially a three bedroom house, with a sunroom and extra (store) room added beneath.
Status: Tenanted at $710 p/w
Lease End Date: 22/07/2026
Area Under Title: 762m2
Under roof: Approx 100m2
Year Built: 1986
Easements as per title: None Found
Zoning: LR (Low Density Residential)
Council Rates: Approx $2,940 p/a
Rental Estimate: $780 - $830 p/w
Vendor's Conveyancer: Money Spider Conveyancing
Preferred Settlement Period: 30 days
Preferred Deposit: 10%
- Generous 762m² block in the suburb of Parap
- With over 20 years of consistent rental history
- Expansive balcony ideal for entertaining
- Versatile under-house spaces
- Three bedroom and one bathroom home
- Prime location close to Parap Markets
Call to inspect with Jacob Reynolds & Arjun Sells