FOR RENT
$2,300 + GST per month

5/25 Parap Road
Parap NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 72m2
Land area: 72m2
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Office Unit With Exceptional Fitout - Suit Professional services

- Strata office unit
- Lettable area 72 m2
- Fully fitted out to corporate standard
- Reception area
- 3 x partitioned offices with full glazing
- Kitchenette + storage area
- Bathroom - toilet and shower
- Ducted air conditioning system
- 1 reserved car park
Available to occupy now
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Property Details for 5/25 Parap Rd, Parap

Building Type
Commercial
Floor Size
72m2
Land Size
72m2

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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.

Suburb Insights for Parap 0820

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Nick Syrimi
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Ray White Commercial (NT)
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.