4/124 Mitchell StreetLarrakeyah NT 0820
Property Details for 4/124 Mitchell St, Larrakeyah
4/124 Mitchell St, Larrakeyah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 101m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Larrakeyah in the last 12 months.
Last Listing description (October 2023)
This inviting two-bedroom apartment, nestled in a fantastic location, seamlessly combines the energy of city living with a touch of warmth. Situated within a tranquil, well-maintained complex, it's conveniently just a short stroll from the bustling CBD of Darwin. Currently under lease, this property presents an enticing opportunity for both astute investors and those seeking a comfortable and snug home. With an estimated ROI of 7.51%, this property offers more than just a great living space ? it also promises a potential investment venture, especially as the current tenants have committed to staying on and even increasing the rent. The apartment boasts an intelligent layout, accentuated by a modern kitchen, a luminous open-plan living area, and a renovated bathroom with a conveniently attached laundry.
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Key Features:
?????? Neat two-bedroom apartment on the first floor of a small complex
?????? Inviting interior with fresh colours and stylish finishes
?????? Open-plan living area flows onto a private balcony.
?????? Kitchen boasts ample storage and modern appliances.
?????? Both bedrooms are spacious with mirrored built-in wardrobes
?????? Renovated bathroom with built-in laundry, plus a separate toilet
?????? Stay comfortable year-round with air conditioning.
?????? Plenty of storage in the kitchen, living room, and laundry area
?????? Quiet complex provides off-street parking for one vehicle.
?????? Walking distance to Cullen Bay, Mindil Beach, and the CBD's bustling dining and
entertainment spots
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Living Made Easy:
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This well-maintained apartment, situated within a small complex, is just a short stroll from Darwin's vibrant city centre. As you step inside, you'll find a bright and airy open-plan living space, decked out with shining tiles and a calming neutral colour scheme. Sliding glass doors lead to a balcony, creating a perfect outdoor space that extends the living area.
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The kitchen is designed for modern living, with handy appliances, ample storage, and a sleek appearance.
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The bedrooms are tucked away for privacy, providing relaxation and tranquillity. Both bedrooms are roomy and filled with natural light, featuring mirrored wardrobes. The recently revamped bathroom sits at the centre, offering a modern corner shower, a convenient vanity with storage, and a laundry space, accompanied by a separate toilet.
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Fully air-conditioned and with off-street parking for one vehicle, this apartment is a great investment. Currently rented, it offers an exciting opportunity for those seeking a premium location close to Cullen Bay, Mindil Beach, and Gardens Park Golf Course.
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Don't miss out on this amazing opportunity! Schedule your viewing today.
Text 124MIT to 0472 880 252 for more property information
Council Rates: Approx. $1680 per annum
Area Under Title: 101 sqm
Zoning: HR (High Density)
Status: Vacant Possession
Body Corporate: $1,093
Body Corporate Levies: $264 Special Paint Levy
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: Water supply Easement to Power and Water Authority
Property History for 4/124 Mitchell St, Larrakeyah, NT 0820
- 16 Nov 2023Sold for $295,500
- 09 Aug 2023Listed for Sale Not Disclosed
- 19 Oct 2021Listed for Rent $340 / week
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0About 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 2,263 properties. Over the last 5 years, Houses in Larrakeyah have seen a 17.33% increase in median value, while Units have seen a 12.02% increase. As at 31 August 2024:
- The median value for Houses in Larrakeyah is $873,479 while the median value for Units is $437,323.
- Houses have a median rent of $850 while Units have a median rent of $590.
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