This development is situated on the corner of the Stuart Highway and Ross Smith Avenue and affords exceptional exposure.
This site is one of the most prominent in Darwin lying adjacent to a four-way intersection offering fantastic exposure to the passing traffic and excellent access.
The development comprises a new United Petroleum service station with two smaller tenancies located at the rear of the property that are 80sqm, which would be suited to retail or food-based use.
The property will offer plenty of onsite parking and the tenancies will have access to grease trap facilities.
The smaller two 80sqm tenancies are available for lease at $400/square metre each per annum plus GST on a gross basis.
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 1,835 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:
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