2 Houston StreetLarrakeyah NT 0820
Property Details for 2 Houston St, Larrakeyah
2 Houston St, Larrakeyah is a 0 bedroom, 0 bathroom House. The property has a land size of 776m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (February 2022)
Attention developers! It's not every day that such a magnificently located parcel of land becomes available. This blue chip development site is located at the edge of the Gardens Golf Course and offers sensational uninterrupted views on three sides, over the golf course and out to the Casino and Mindil Beach.
This 764 square metre allotment zoned HR, has had previous approval for an 8-storey boutique development for eight executive apartments.
This is your opportunity to take advantage of this never to be repeated offer to purchase along this strip as this is the last block available for re-development.
Plans and engineers drawings are also included for the existing development application or alternatively, the option is there to start again and do something completely different.
The site has already been cleared and is ready to be redeveloped with existing power lines already installed underground.
With such close proximity to the Central Business District and direct access to the Gardens Golf Course, this site offers a unique opportunity for a developer with vision.
Golfers will love the luxury of having a gate that opens out to the Golf Course and being located at the city's edge, they can stroll to an array of fine dining venues or go for leisurely walks along the Esplanade.
With such incredible lifestyle potential on offer in this location and the versatility of a vacant, ready to build on block, now is the perfect time to buy and land bank or start your new project.
The current owners are committed elsewhere and will consider all offers.
Elders will be practising all required safety measures during an inspection and where possible will provide gloves and hand sanitiser.
Property History for 2 Houston St, Larrakeyah, NT 0820
- 11 Mar 2022Sold for $750,000
- 13 May 2016Listed for Sale $1,300,000
- 04 Nov 2013Listed for Sale FROM $1,250,000
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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.
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