119/12 Salonika Street, Parap, NT 0820 sold on 06 November 2025 | OnTheHouse
SOLD
Sold on 06 Nov 2025 for $350,000

119/12 Salonika Street
Parap NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 86m2
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Property Details for 119/12 Salonika St, Parap

Building Type
Commercial
Land Size
86m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 9152/UTS2014/019

Last Listing description (November 2025)

Located in the heart of The Avenue Building, Parap, this commercial site has been the home the popular Karma Cafe.

The Karma Cafe currently attracts clientele from the surrounding offices and is a convenient meeting place for many.

The space has been fitted with commercial kitchen facilities, seating areas indoor and outdoor and is fully air conditioned.

Male and female toilets are located on the ground commercial level.

The garage parking is easily accessed and offers secure parking for one.

As a part of the Spirit On The Avenue, enjoy the foot traffic from both residential and commercial residents.

Customer parking is in good supply surrounding the property.

Whether it's an investment you're looking for or the ideal location to set up your own business, this site offers many opportunities.

Property details:
Long term tenant running popular cafe
Council rates- $1,420 per annum approx.
Body corporate rates- $1,203 per quarter approx.

Property History for 119/12 Salonika St, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$350,000
06 Nov 2025
  • 06 Nov 2025
    Sold for $350,000
  • 02 Jul 2025
    Listed for Sale UNDER CONTRACT
  • 01 Dec 2014
    Sold for $458,975
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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 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 35.61% increase in median value, while Units have seen a 44.57% increase. As at 31 January 2026:

  • The median value for Houses in Parap is $934,308 while the median value for Units is $410,269.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 11 properties listed for sale, and 11 properties listed for rent in Parap on OnTheHouse. According to Cotality's data, 108 properties were sold in the past 12 months in Parap.

Suburb Insights for Parap 0820

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Raine & Horne Darwin
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.