OFF MARKET

4/7 Montoro Court
Larrakeyah NT 0820

Bedrooms: -
Bathrooms: 1
Car spaces: 2
Floor area: 37m2
Land area: 71m2
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Property Details for 4/7 Montoro Ct, Larrakeyah

4/7 Montoro Ct, Larrakeyah is a 0 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 71m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
1998
Floor Size
37m2
Land Size
71m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1281/OP 001226

Last Listing description (March 2019)

The Larrakeyah address makes this property within easy reach to Darwin CBD so you'll need to make a quick decision. Offering good security this first floor Studio unit has been priced for a quick sale so don't delay!
What a great time to be buying property! This unit will suit the astute investor looking to capitalise on Darwin's tourist industry as an AirBNB with short term tenancy option or the normal rental market. The choice is yours.
Maybe you're a first home buyer or a parent that's looking for the right property for the kids to start their property portfolio? This could be the perfect property BUT demands your attention right now!

* Fully tiled and air-conditioned
* Open plan living / sleeping
* Compact yet functional kitchen that comes with a fridge
* Private balcony that will fit the BBQ and a couple of friends
* Secure complex with remote controlled access
* 2 carparks
Vital Details
* Area on title: 71m2
* Built: Circa 1998
* Rates: $1,700 per year approximately
* Body Corp: $3,700 per year or $72 per week approx
With easy access to Darwin city, local shops and the entertainment strip on Mitchell St, you or your tenants will love living here.
Don't Delay - FIRST IN - BEST DRESSED
Call George Pikos today to arrange a private viewing 043800 4800

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Property History for 4/7 Montoro Ct, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$125,000
30 Jul 2019
  • 30 Jul 2019
    Sold for $125,000
  • 10 Oct 2018
    Listed for Sale $157,000
  • 24 Jul 2015
    Listed for Sale Offers over $310,000
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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.
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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