Lock Stock and Barrel
A Darwin icon is being offered for sale for the first time since 1985. The Douglas Street supermarket has long been a part of Parap. Located on the corner of Douglas St and Jensen St, in the middle of suburbia with Fannie Bay Racecourse only metres away.
The sale comprises the land and improvements which include the existing supermarket with approved two bedroom residence, a large 10m x 8m shed, fully fenced yard, the business on a walk in walk out basis and transfer of liquor licence (subject to the applicant being eligible to hold said licence).
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 1,833 properties. Over the last 5 years, Houses in Parap have seen a 21.57% increase in median value, while Units have seen a 27.70% increase. As at 31 October 2024:
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