SOLD
Sold on 03 Oct 2024 for $330,000

2/126 Mitchell Street
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 104m2
Land area: 128m2
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Property Details for 2/126 Mitchell St, Larrakeyah

2/126 Mitchell St, Larrakeyah is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 128m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Larrakeyah in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
104m2
Land Size
128m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1283/U1999/028

Last Listing description (June 2017)

Youll be in thick of the action in this excellent city apartment, ideally located walking distance to the CBD, Cullen Bay, Mindil Beach and the Esplanade.
- Generous open-plan living/dining room is bathed in natural light

- Living/dining opens to bright circular balcony with leafy outlook
- Large wrap-around kitchen with high breakfast bar and stainless steel appliances
- Spacious main bathroom with corner shower is immaculately presented
- King-sized master bedroom features walk-in robe and ensuite
- Built-in robe to good-sized second bedroom
- Well-equipped internal laundry, plus built-in linen cupboard
- Split-system air conditioning and low-maintenance floor tiles throughout
- Lift access to apartment in well-maintained, modern complex
- Secure parking for one vehicle
With a reliable tenant currently in place, this well-presented modern apartment presents an excellent investment opportunity, or move in yourself and enjoy its close proximity to all Darwin CBD has to offer.
Enter into the spacious open-plan living/dining room thats bathed in natural light and opens to a bright circular balcony with a lovely leafy outlook.
The large wrap-around kitchen offers plenty of room for the enthusiastic home chef and features a high breakfast bar, stainless steel appliances, ceramic cooktop and plentiful cupboard space.
A short hallway off the kitchen connects to the two bedrooms and main bathroom.
The spacious main bathroom with glass corner shower is immaculately presented and located adjacent to the separate internal laundry.
The king-sized master bedroom features a walk-in robe and ensuite with walk-in shower, and theres a built-in robe to the good-sized second bedroom.
There is split-system air conditioning and low-maintenance floor tiles throughout, and a built-in linen cupboard provides additional storage.
Lift access to the apartment and parking for one vehicle in the well-maintained modern complex completes the package.
Whether youre looking for a low-maintenance investment opportunity with an immediate revenue stream, or a city apartment to call home, youve found it in this excellent property.
Act fast before its snapped up and organise an inspection today.
Council Rates: $1310 per annum
Year Built: 1999
Area Under Title: 128sqm
Zoning: MD (Multiple Dwelling)
Status: Leased until 05/05/2016 (Real Estate Central)
Rental Estimate: $520 per week
Body Corporate: Altitude Management NT
Body Corporate Levies: $1450.03 per quarter
Vendors Conveyancer: TBA
Settlement period: 30 days or variation on request
Deposit: 10% or variation on request

Property History for 2/126 Mitchell St, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$330,000
03 Oct 2024
Listed for Rent
$380/w
03 Aug 2016
  • 03 Oct 2024
    Sold for $330,000
  • 01 Jun 2016
    Sold for $330,000
  • 27 Apr 2016
    Listed for Rent - Price not available
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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 2,246 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 23 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.