10/25 Parap Road, Parap, NT 0820 | Commercial for sale | OnTheHouse
 
FOR SALE
$2,190,943

10/25 Parap Road
Parap NT 0820

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Bathrooms: -
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Floor area: 395m2
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Corporate Office leased to multinational company

10/25 Parap Road, Parap is an outstanding opportunity for a discerning and astute investor to purchase a high quality commercial property that is leased to a multinational engineering and consulting firm. Jacobs is listed on the New York Stock Exchange and has offices in 40 countries, with a annual turnover of approximately $12 Billion Dollars.
Located only 3kms north of the Darwin CBD, Parap is one of the most sought after residential suburbs in Darwin. Parap Village is also a very established precinct and includes a range of amenities and services ranging from professional services such as accountant and solicitors, medical suites, veterinarian and boutique groceries plus many more.
25 Parap Road is a modern three story office building, completed in 2011, on possibly the most prominent corner of Parap, the corner of Parap Road and Gregory Street. This building includes 11 strata-titled commercial units which range in size from 71 square metres up to 935 square metres and have a combined gross floor area of 2,835.5 square metres, there are 36 car parks on the individual unit titles and a generous number of common car parks on the ground level at the front of the building.
Unit 10 is on the first floor of the building on the eastern side and has a northerly aspect. This unit includes a total of 450 square metres under title which also includes four car parks, one on ground level at the front of the building and three under cover on the first floor. The gross floor area for this property is 395 square metres. This unit is a regular shape and includes glazing on three sides which allows plenty of natural light into the tenancy. There are two small balconies, one on the north western corner and one on the north eastern corner. This unit is fit out with a 'top quality' fit out, including mostly glass partitioning, carpet tiles and a large modern kitchen area and toilets.
This property is occupied by international Engineering and Consulting Company Jacobs, Jacobs have an established and mature branch in Darwin and have been in this building for approximately 15 years.
Jacobs is currently paying $153,365 plus GST per annum and the current lease runs till 1 March 2028 with a three year option to extend.
For more information please contract Lee Doyle on 0403 348 243 or Ryan Doyle on 0405 192 389.

Property Details for 10/25 Parap Rd, Parap

Building Type
Commercial
Floor Size
395m2
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About Parap 0820

The size of Parap is approximately 1.1 square kilometres. There are 11 parks, covering nearly 11.7% of the total area. The population of Parap in 2016 was 2747 people. By 2021 the population was 2819 showing a population growth of 2.6% 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 $2400 - $2999 per month on mortgage repayments. In general, people in Parap work in a professional occupation.In 2021, 36.10% of the homes in Parap were owner-occupied compared with 34.10% in 2016.

Parap has 1,832 properties. Over the last 5 years, Houses in Parap have seen a 48.89% increase in median value, while Units have seen a 40.70% increase. As at 30 April 2026:

  • The median value for Houses in Parap is $1,061,348 while the median value for Units is $446,839.
  • Houses have a median rent of $850 while Units have a median rent of $620.
There are currently 9 properties listed for sale, and 9 properties listed for rent in Parap on OnTheHouse. According to Cotality's data, 133 properties were sold in the past 12 months in Parap.

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Lj Hooker Commercial North Nt
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LJ Hooker Commercial Darwin
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