OFF MARKET

17 Douglas Street
Parap NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 10
Land area: 971m2
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Property Details for 17 Douglas St, Parap

Building Type
Commercial
Land Size
971m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 3219/A 000003

Last Listing description (October 2014)

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 lot itself is a 971sqm corner block in the heart of Parap and is loaded to the brim with potential. Nestled in one of Darwin???s most sought after suburbs this opportunity represents an abundance of potential.
This is an ideal opportunity to secure a unique parcel of land with an existing business and liquor licence to either manage yourself or lease. Or even build your own family home. It???s your call.
Additional feature/s - Supermarket with 2 bedroom residence.

Property History for 17 Douglas St, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$790,000
05 Dec 2014
  • 05 Dec 2014
    Sold for $790,000
  • 11 Oct 2014
    Listed for Sale Not Disclosed
  • 30 Jan 2013
    Sold

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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 1,833 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:

  • The median value for Houses in Parap is $779,500 while the median value for Units is $325,196.
  • Houses have a median rent of $750 while Units have a median rent of $575.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Parap on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in Parap.

Suburb Insights for Parap 0820

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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.