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37 Gregory Street
Parap NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 648m2
Land area: 380m2
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Parap Village freestanding office - 648sqm

Parap is a highly sought after suburb just three kilometres to the north of Darwin City, it is characterized by its costal location and is one of the more affluent suburbs in Darwin.
37 Gregory Street falls within the Parap Village commercial precinct, on the southern side of the Village.
There is a one way service road, between the service road and Gregory Street proper is a double bank of angle car parks which are accessed from the service road and Gregory Street.
The subject property occupies the majority of the site on the first floor and the ground floor is recessed on both to allow access to the building with the benefit that the first floor acts as awning.
This building has two entries on both Gregory Street and Parap Place, it has been cleverly designed so that on each side there is an entry for the ground floor.
Currently configured for a single occupant and is certified as a 9B class building, making is suitable for training but also suitable for any professional user with an extensive fit-out in place. There are multiple toilets on each floor as well as kitchens and break out areas.
For more information please contact Lee Doyle 0403 348 243 or Ryan Doyle 0405 192 389 at LJ Hooker Commercial North.

Property Details for 37 Gregory St, Parap

Building Type
Commercial
Floor Size
648m2
Land Size
380m2

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About Parap 0820

The size of Parap is approximately 1.1 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of Parap in 2011 was 1,975 people. By 2016 the population was 2,759 showing a population growth of 39.7% in the area during that time. The predominant age group in Parap is 30-39 years. Households in Parap are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parap work in a professional occupation. In 2011, 45.6% of the homes in Parap were owner-occupied compared with 34.1% in 2016.

Parap has 1,840 properties. Over the last 5 years, Houses in Parap have seen a 21.88% increase in median value, while Units have seen a 44.12% increase. As at 30 November 2024:

  • The median value for Houses in Parap is $761,513 while the median value for Units is $358,066.
  • Houses have a median rent of $720 while Units have a median rent of $575.
There are currently 12 properties listed for sale, and 16 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Parap.

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Lj Hooker Commercial North Nt
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