OFF MARKET

4/25 Parap Road
Parap NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 213m2
Land area: 213m2
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Property Details for 4/25 Parap Rd, Parap

Building Type
Commercial
Floor Size
213m2
Land Size
213m2
Local Government
Darwin

Last Listing description (April 2024)

Strata A grade office suite within a landmark commercial centre in the heart of Parap.

- New strata A grade office suite
- Office tenancy area 212.5m

- Ground floor tenancy
- Ducted air-conditioning system
- Amenities include - kitchenette, W.C x2
- Qty 2 reserved under cover car parks on 1st level
- Customer common parking provided for the complex

Available now

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For Sale: $860,000 + GST

For more information, or to arrange an inspection, call Nick Syrimi 0412 537 638 today at RWC NT

Visit our website rwcnt.com.au to view all our property listings!

Property History for 4/25 Parap Rd, Parap, NT 0820

A timeline of how this property has performed in the market
Listed for Rent
$1.40k/w
04 Mar 2024
  • 02 Apr 2024
    Listed for Sale $860,000 + GST
  • 04 Apr 2017
    Listed for Rent - Price not available
  • 13 Jan 2017
    Listed for Rent $80,760 / year
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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.