SOLD
Sold on 15 May 2024 for $390,000

4/148 Smith Street
Larrakeyah NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 203m2
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Property Details for 4/148 Smith St, Larrakeyah

4/148 Smith St, Larrakeyah is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 203m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Larrakeyah in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
138m2
Land Size
203m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 7575/U2005/064

Last Listing description (May 2024)

FOR ALL PROPERTY INFORMATION, please copy and paste the code below to your preferred web browser.
https://vltre.co/JQRnEE

Key Details:

Body Corporate: Whittles
Body Corporate Rates: $2,057.70 Per Quarter (Approximately)
Council Rates: $1,700 Per Annum (Approximately)
Easements: None Found
Property Status: Leased @ $650 Per Week. Lease Expiry 15/12/2026 . NB. Property is sold with DHA lease in place.
Sellers Conveyancing Agent: Bespoke Conveyancing
Solar Panels: No
Area under Title: 203m
Year Built: 2005
Zoning: HR (High Density)
Lift: Yes
Swimming Pool: Yes
Gym in Complex: Yes
Pets: Refer to Body Corporate
No. of Units in Complex: 17

Welcome to a lucrative investment opportunity in the heart of the Central Business District (CBD)! Presenting a prestigious 3-bedroom, 2-bathroom unit leased to Defence, offering exceptional returns without the need for personal occupancy.

CBD Location: Enjoy the convenience of urban living, with convenient access to amenities.
Convenient parking facilities for tenants.
Defence Housing Lease: Benefit from the security and reliability of a DHA lease agreement.
Low Maintenance: Defence Housing maintains the property, reducing hassle for investors.
Attractive Returns: Secure your financial future with this lucrative investment opportunity.
Guaranteed Rent: Rent paid regardless of whether the property is tenanted.

Don't miss out on this exceptional opportunity to invest in a premium property in a prime CBD location, leased to Defence for guaranteed returns. Contact us now to seize this lucrative investment opportunity!

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Property History for 4/148 Smith St, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$390,000
15 May 2024
Listed for Rent
$400/w
26 Nov 2018
  • 15 May 2024
    Sold for $390,000
  • 12 Mar 2024
    Listed for Sale UNDER CONTRACT
  • 31 Aug 2018
    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 2,260 properties. Over the last 5 years, Houses in Larrakeyah have seen a 16.66% increase in median value, while Units have seen a 16.16% increase. As at 31 July 2024:

  • The median value for Houses in Larrakeyah is $875,951 while the median value for Units is $435,455.
  • Houses have a median rent of $820 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and 14 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Larrakeyah.

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