OFF MARKET

2/3 Montoro Court
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 66m2
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Last updated 11 Nov 2024
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Property Details for 2/3 Montoro Ct, Larrakeyah

2/3 Montoro Ct, Larrakeyah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 66m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1994
Floor Size
69m2
Land Size
66m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1289/B 000332

Last Listing description (November 2022)

This cool little apartment is bargain priced and situated in the premier suburb of Larrakeyah. Positioned on the ground floor of this boutique development (1 of 6) and only minutes from all amenities sits a fantastic opportunity for the first home buyer or anyone looking for a low maintenance rental property.

This neat'n'tidy two bedroom, one bathroom apartment is centrally located and is within easy reach of Cullen Bay, Mindil Beach & Gardens Golf Course and switch directions and you have the CBD, shopping, restaurants, nightclubs & entertainment almost at your doorstep.

Property Features

Ground floor of small complex of 6 units
Perfect AirBnB or short-term leasing opportunity
Low Body Corp Fees
2 bedrooms & 1 bathroom
Generous kitchen with electric stove, plenty of bench & cupboard space
Good sized bedrooms with split system air conditioning
Cool tiles throughout and cross-ventilation
Central combined bathroom with shower
Separate external laundry convenient at the rear
Rear shady communal yard
Open parking for one car

Around the Suburb:

Inner city setting only moments from the CBD
2 minutes walk to the CBD - drop the daily commute in favour of more exercise or a trip on an e-scooter
Great school zoning such as Larrakeyah Primary School, Darwin Middle and High School.

Council Rates: $1700.00 p.a.
Area Under Title: 66 sqm
Year built: 1994
Status: Vacant Possession
Body Corporate: Whittles
Body Corporate Levy: $760 per quarter (Admin Fund $742+ Sinking Fund $18)
Settlement Period: 30 Days or variation on request
Deposit: 10% or variation on request
Easements as per title: None found

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Property History for 2/3 Montoro Ct, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$180,000
06 Dec 2022
Listed for Rent
$350/w
13 Oct 2022
  • 06 Dec 2022
    Sold for $180,000
  • 27 Oct 2022
    Listed for Sale Offer Over $199,000
  • 29 Sep 2022
    Listed for Rent $350 / week
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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 2,248 properties. Over the last 5 years, Houses in Larrakeyah have seen a 9.15% increase in median value, while Units have seen a 20.17% increase. As at 31 October 2024:

  • The median value for Houses in Larrakeyah is $842,504 while the median value for Units is $417,373.
  • Houses have a median rent of $770 while Units have a median rent of $580.
There are currently 21 properties listed for sale, and 17 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Larrakeyah.

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