3/11 Malabar StreetLarrakeyah NT 0820
Property Details for 3/11 Malabar St, Larrakeyah
3/11 Malabar St, Larrakeyah is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 146m2 and floor size of 100m2.
Last Listing description (June 2014)
MASSIVE BRAND NEW 2 BEDROOM + STUDY
*****VISIT WEBSITE BELOW TO VIEW PROPERTY VIDEO*****
http://fntv.firstnational.com.au/property/704/262527/3-11-malabar-court-larrakeyah-0820-nt
For sale within the complex is Unit 3, which consists of two bedrooms plus a study, as well as two bathrooms, which both feature as ensuites. Large mirrored built-in-robes provide plenty of storage for both rooms.
The main living space is an open plan arrangement that flows out to a large balcony area, perfect for relaxing or entertaining guests. This spacious apartment has 155sqm on title, such a refreshing change to many of the smaller units on the market.
The kitchen features Caesar Stone benches, tiled splash-backs, stainless steel appliances, while the bathroom also features Caesar Stone benches and quality chromes fitting.
The complex is safe and secure with remote gated car park access, while there are two under cover car parks on title. The complex pool is the perfect size and remains very private with the surrounding vegetation and fencing.
The location is ideal with Larrakeyah's close proximity to the CBD. Centrally located, only 500m walk to the CBD and 2.5km to the Waterfront Precinct, with Mindil Beach, Gardens Golf Course and Sky City Casino only 1km away.
Investors should take serious of this opportunity. With a rental estimate of $700 per week, a property such as this will always have huge demand on the rental market given it's size and location. Why buy an already established property when you can buy brand new and save thousands on your tax with depreciation benefits.
Don't delay in making a time to view this apartment. Call Michael Keith at O'Donoghues First National today for your exclusive viewing.
Property History for 3/11 Malabar St, Larrakeyah, NT 0820
- 18 Jun 2014Listed for Sale $595,000
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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 2,246 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.
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