OFF MARKET

70/50 Marina Boulevard
Larrakeyah NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 70/50 Marina Bvd, Larrakeyah

70/50 Marina Bvd, Larrakeyah is a 0 bedroom, 0 bathroom House.

Building Type
House
Local Government
Darwin

Last Listing description (September 2024)

This is the perfect opportunity to purchase an excellent investment in the heart of Cullen Bay Marina.
Berth number 70 is 12M in length and is always in high demand with excellent returns of approx. $798 per month.
The marina features:

- Some of the best restaurants and cafes in Darwin
- Within walking distance to Darwin CBD
- Private locks to protect against tides and weather
- Private slipways and mechanics on site
- Power and fresh water to berth
- 24hr assistance
- Internal refueling station
This is an excellent addition to the astute investor or the perfect place to keep your pride and joy close by.

IMPORTANT INFORMATION
Body Corporate Fees - Whittles $421 per quarter
Cullen Bay Marina Management Berth Lock Permit fees - $2,230 per annum -covers unlimited entry and exit via the lock
Council Rates - $442 approx. per annum
Rental Returns if rented to Cullen Bay Marina Management - $798 per calendar month

Property History for 70/50 Marina Bvd, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
  • 14 Aug 2024
    Listed for Sale Offers Over $99,000
  • 17 Jan 2022
    Listed for Sale Offers Over $99,000

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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 2,249 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 20 properties listed for sale, and 18 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Larrakeyah.

Suburb Insights for Larrakeyah 0820

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.