2/2 Philip Street, Fannie Bay NT 0820

| 2-bed coastal unit | shared pool complex | near Mindil Beach | recent paint & carpet | Parap Primary zone | This unit sits in a tightly held Fannie Bay complex where the recent cosmetic refresh removes the most common buyer friction-immediate redecoration costs. The 142m² lot is generous for a strata unit and the shared pool plus courtyard give it a low-maintenance holiday feel that suits first-home buyers or downsizers wanting Darwin’s coastal strip without a house-sized commitment. Priority enrolment for Parap Primary adds family appeal, and the NBN FTTP connection is a genuine remote-work advantage that many competing units lack. The main risk is the 1996 build age: no mention of recent roof, plumbing, or electrical upgrades, so a building inspection contingency is non-negotiable. The 2011 last sale date suggests infrequent turnover, which can mean deferred maintenance in common areas. Buyers should check the sinking fund balance before committing. If the pool or carport needs major work, special levies could erode the yield from that $500–$595 rent potential. Use this as a hold-and-rent play in a suburb with steady demand from professionals and government tenants.