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DESCRIPTION:BLUE-CHIP OFFICE INVESTMENT  100% GOVERNMENT LEASED\nAn excepti
 onal inner-Darwin investment opportunity is offered to the market with Arn
 hemica House\, a landmark commercial office asset of rare quality and inco
 me security within Parap\, one of Darwin's most established and tightly he
 ld commercial precincts.\n\nProminently positioned on Parap Road with two 
 street frontages\, the building commands a strong street presence and is j
 ust a short walk from Parap Village and the renowned Parap Markets. Just 3
 .7 kilometres from the Darwin CBD and within the Territory's Government an
 d professional services corridor\, it combines inner-city amenity with sec
 ure on-site parking that CBD towers cannot match.\n\nAnchored by a lease t
 o the Northern Territory Government running to June 2031 with a further fi
 ve-year option\, the asset delivers exceptional income security underpinne
 d by Government covenant strength and occupation by the Department of Land
 s Planning and Environment. \n\nConstructed in 2009\, Arnhemica House has 
 benefitted from significant tenant fitout investment alongside recent owne
 r-funded capital upgrades\, and is impeccably presented inside and out.\n\
 nWith CPI-linked rental growth and genuine sustainability credentials\, Ar
 nhemica House represents a blue-chip investment opportunity within Greater
  Darwin's most sought-after inner suburban office market.\n\nKey investmen
 t highlights :\n\n	Leased to a blue-chip tenant  NT Government\n	100% occu
 pied\n	Lease expiring June 2031\, plus a five-year option\n	CPI rent revie
 ws\n	Significant tenant investment into quality fitouts\n	Recent owner-fun
 ded capital upgrades\n	5 Star NABERS Energy and Water ratings\n	99.76kW ro
 oftop solar and EV charging\n	49 secure car parks  one bay per 45m²\n	2\,
 200m² NLA on a 2\,440m² 'C' (Commercial) zoned site\n	Two street frontag
 es in tightly held Parap\n\nFor sale via Expressions of Interest closing 4
 pm ACST Friday 30 October 2026 \n\nFor further information or to arrange a
 n inspection\, please contact the exclusive marketing agents at McGees Pro
 perty.
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SUMMARY:Expression Of Interest: 16 Parap Road\, Parap NT
UID:CRE-2021212550-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>BLUE-CHIP OFFICE INVESTMENT  100% GOV
 ERNMENT LEASED <br/> An exceptional inner-Darwin investment opportunity is
  offered to the market with Arnhemica House\, a landmark commercial office
  asset of rare quality and income security within Parap\, one of Darwin's 
 most established and tightly held commercial precincts. <br/>  <br/> Promi
 nently positioned on Parap Road with two street frontages\, the building c
 ommands a strong street presence and is just a short walk from Parap Villa
 ge and the renowned Parap Markets. Just 3.7 kilometres from the Darwin CBD
  and within the Territory's Government and professional services corridor\
 , it combines inner-city amenity with secure on-site parking that CBD towe
 rs cannot match. <br/>  <br/> Anchored by a lease to the Northern Territor
 y Government running to June 2031 with a further five-year option\, the as
 set delivers exceptional income security underpinned by Government covenan
 t strength and occupation by the Department of Lands Planning and Environm
 ent.  <br/>  <br/> Constructed in 2009\, Arnhemica House has benefitted fr
 om significant tenant fitout investment alongside recent owner-funded capi
 tal upgrades\, and is impeccably presented inside and out. <br/>  <br/> Wi
 th CPI-linked rental growth and genuine sustainability credentials\, Arnhe
 mica House represents a blue-chip investment opportunity within Greater Da
 rwin's most sought-after inner suburban office market. <br/>  <br/> Key in
 vestment highlights : <br/>  <br/> 	Leased to a blue-chip tenant  NT Gover
 nment <br/> 	100% occupied <br/> 	Lease expiring June 2031\, plus a five-y
 ear option <br/> 	CPI rent reviews <br/> 	Significant tenant investment in
 to quality fitouts <br/> 	Recent owner-funded capital upgrades <br/> 	5 St
 ar NABERS Energy and Water ratings <br/> 	99.76kW rooftop solar and EV cha
 rging <br/> 	49 secure car parks  one bay per 45m² <br/> 	2\,200m² NLA o
 n a 2\,440m² 'C' (Commercial) zoned site <br/> 	Two street frontages in t
 ightly held Parap <br/>  <br/> For sale via Expressions of Interest closin
 g 4pm ACST Friday 30 October 2026  <br/>  <br/> For further information or
  to arrange an inspection\, please contact the exclusive marketing agents 
 at McGees Property.</P></body></html>
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