119/12 Salonika Street, Parap, NT 0820

  • 86 sqm
  • 1

For sale

$350,000 +GST

Site Of Popular Parap Cafe

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.

Parking Bays1
ZoningSD30 (Specific Use)
TenantedYes
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Property Info:
  • Property ID: L24094926
  • Property Type: Retail
  • Building / Floor Area: 86 sqm
  • Car Spaces: 1
  • Land Area: 86.0 sqm
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R&H Suburb Profile: Parap

R&H Suburb Summary Houses
Number of sales 26
Average Price $876,173
Median Price $806,500
Median Rental Price $670 p.w.
Change in Rental Rate (5yr) 18 %
R&H Suburb Summary Units
Number of sales 54
Average Price $392,880
Median Price $425,000
Median Rental Price $600 p.w.
Change in Rental Rate (5yr) 43 %
Parap, NT - Median Trend
$806,500