40 Parap Road, Parap, NT 0820

The multi tenanted two storey property and the Parap Fine Foods supermarket is available for sale on a walk-in walk out basis (plus SAV) . The property has a rich history and is well known by generations of the local Darwin community.

The location in the heart of Parap Village benefits from high daily exposure to both vehicular and pedestrian traffic. Parap Village is the neighbourhood centre of Parap, with the nationally recognisable 'Parap Markets' held every Saturday.

The property comprises a mixed-use complex comprising retail, office and residential uses which was originally constructed circa 1983 and extensively refurbished over the years.

The building itself currently has 2 tenants, being Lakim Butchers on the ground level and Darwin Remedial Massage on the first floor. The Parap Fine Foods store is currently owner-occupied as well as the residential tenancy on level 1, and there is another 132sqm of vacant office area on level 1. 

The property is zoned "Commercial" under the Northern Territory Planning Scheme and falls under the Darwin Inner Suburbs Area Plan.
Further details can be found in the IM, available upon request.

Parap Fine Foods
The Fine Foods tenancy comprises approximately 260sqm (34%) of lettable area. It includes an extensive fitout including cool rooms, display fridges, shelving and unique decor and is available for purchase at $500,000 plus stock in trade at valuation. The business benefits from a valuable Restaurant and Catering Liquor License.

The property (whole building and 'Parap Fine Foods' business) is for sale by Deadline Private Treaty at $3,500,000 (plus SAV).
The business only 'Parap Fine Foods' is for sale at $500,000 (plus SAV).

Contact the agents for more information or a copy of the IM.

The Deadline Private Treaty closes at the offices of Chin Property Group and Knight Frank on Thursday 11th September at 4pm (ACST)