Darwin
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 Bays | 1 |
| Zoning | SD30 (Specific Use) |
| Tenanted | Yes |
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| 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 % |
NAKARA
ROSEBERY HEIGHTS
FANNIE BAY
WOODROFFE
PARAP
STUART PARK
BAYVIEW
RAPID CREEK
VIRGINIA
VIRGINIA
ROSEBERY
LARRAKEYAH
119/12 Salonika Street, Parap,
Northern Territory, 0820
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