OFF MARKET

1/2 Mangola Court
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 101m2
Land area: 860m2
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Property Details for 1/2 Mangola Ct, Larrakeyah

1/2 Mangola Ct, Larrakeyah is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1982. The property has a land size of 860m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
1982
Floor Size
101m2
Land Size
860m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1232/UP 82/072

Last Listing description (June 2017)

Territory Real Estate is proud to present to the market this magnificent Tri level Townhouse, what an original design perfect for inner city living. Centrally positioned between the harbour at Cullen Bay and the lights of the CBD, this three storey townhouse is ideal for the city dweller who wants to give up the daily commute. With a retro finish for the most part, some modernisation has been completed with a lovely new kitchen this townhouse presents a great opportunity to modernise the rest and then capitalise on the returns in years to come.
GOOD NEWS! In a Media Release by the REINT 29 August, Quentin Killian the Chief Executive Officer confirmed, commencing 1 September, Labor has committed to a stamp duty concession of up to $24,000 on the purchase of an existing property valued up to $650,000. In addition Labor is committed to changes to the 'Tradies Incentive' lifting it to $10,000 in renovation vouchers, available to people purchasing a first home from the existing property market.
- Three storey, Two bedroom townhouse what a unique design

- Located centrally between Cullen Bay and the CBD
- Ideal for the city worker - avoid the daily commute
- Walk to major city events - leave the car at home
- Carport parking for 2 plus storage for the push bike
- Ground level has kitchen and dining room, laundry and second toilet
- Spiral staircase is a centrepiece to the home, it s all about vertical living
- Patio and large courtyard entertaining areas off the kitchen dining area
- Level two has bedroom two plus main bathroom and lounge and front balcony
- Private front balcony with treetop views from the lounge
- Carpeted flooring and open air ceilings creates height and space
- Level three has the master bedroom with built in robe
- Just add some finishing touches to this truly unique home
Winding its way up three levels, a spiral staircase creates a rustic centrepiece to each room. On the ground floor is a renovated kitchen and dining area with tiled flooring and a modern layout in the kitchen. Overhead cabinetry plus pull out pantry and feature countertops that double duty as a breakfast bar all combine to complete the space.
Outside is a large patio and private courtyard entertaining area with tropical palms and paved areas to enjoy. Turn this into your own oasis in under a weekend.
On the second level is an open plan living room with carpeted flooring and a neutral colour palette. Glass sliding doors and banks of louvered windows frame the treetop balcony outside while windows above head level allow in a cross breeze. The main bathroom is on this level as well and features an old school corner shower, toilet and vanity in matching 'avocado green'.
Finally on the third level is the master bedroom with a built in robe and A/C along with a breezy design, pitched roofline, voided area that looks through to the rooms below and plenty of louvered windows for breeze.
This townhouse presents an unbeatable opportunity to refresh the design and modernise to create something modern and stylish that will appeal for years to come. The investor and the home owner will see value and opportunity here.
Council Rates: $1,380 per annum
Year Built: 1982
Status: Periodical Lease
Self-Managed Body Corporate

Property History for 1/2 Mangola Ct, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$400,000
21 Dec 2016
Listed for Rent
$425/w
07 Nov 2016
  • 21 Dec 2016
    Sold for $400,000
  • 14 Oct 2016
    Listed for Rent - Price not available
  • 25 Jul 2016
    Listed for Sale Offers Over $400,000 Considered
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About Larrakeyah 0820

The size of Larrakeyah is approximately 2 square kilometres. It has 8 parks covering nearly 5.3% of total area. The population of Larrakeyah in 2011 was 3,242 people. By 2016 the population was 3,723 showing a population growth of 14.8% in the area during that time. The predominant age group in Larrakeyah is 20-29 years. Households in Larrakeyah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Larrakeyah work in a professional occupation. In 2011, 37.4% of the homes in Larrakeyah were owner-occupied compared with 32.3% in 2016.

Larrakeyah has 2,247 properties. Over the last 5 years, Houses in Larrakeyah have seen a 15.68% increase in median value, while Units have seen a 9.87% increase. As at 30 September 2024:

  • The median value for Houses in Larrakeyah is $893,649 while the median value for Units is $438,170.
  • Houses have a median rent of $800 while Units have a median rent of $580.
There are currently 24 properties listed for sale, and 12 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Larrakeyah.

Suburb Insights for Larrakeyah 0820

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.