OFF MARKET

4 Banimatla Street
Lyons NT 0810

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
Land area: 600m2
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Property Details for 4 Banimatla St, Lyons

4 Banimatla St, Lyons is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 600m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
2009
Floor Size
185m2
Land Size
600m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 9967/L2006/076B

Last Listing description (July 2022)

Investors, this is potentially a 6.6% return. You can take the stress out of investing. As DHA take care of the tenants, and generally manage the property on your behalf, virtually a buy and forget investment. There is a DHA lease in place until 19/3/2024 + a 3 year option to extend. The rent is an impressive $934 per week. Under the terms and conditions of the DHA lease applicable to this property, the rent cannot fall below $934 per week throughout the lease term as this was the rent at commencement of the lease. A spacious four bedroom, two bathroom family home in a nice position looking across to a landscaped park and playground.

At the end of the DHA Lease agreement DHA provides a restoration service as per the terms and conditions of the applicable DHA Lease. That may include an internal and external repaint. In addition, all appliances are to be clean and in good working order. Under the terms and conditions of the DHA lease DHA throughout the lease term cover the cost of most non-structural repair and maintenance and Like for like replacement of a fixed appliance as required.

Lyons is one of Darwins prestige suburbs with quality homes throughout. A popular family friendly master planned neighbourhood only minutes from Royal Darwin Hospital, Darwin Private Hospital and Charles Darwin University.

- Completed in December 2008 a spacious 256m2 under roof
- Features include four bedrooms all with mirrored built-in robes
- The master bedroom is a very roomy & generous 4.5m x 3.6m
- A good design featuring a family space plus living & dining area
- Spacious kitchen with heaps of bench space & cupboards
- Cool floor tiles and Split system air-conditioning throughout
- The family area opens directly to the semi enclosed verandah
- Separate shower recess & a bath in the family bathroom
- Direct access from the double garage to the home
- A 600m2 block nicely located with park & playground opposite

Investing in DHA - This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property.

Rent: $934 per week
Lease edition: Edition 6b
Lease end: 19/03/2024
Lease option: 1 x 36 months
Right to Vary: 1 x up to 12 months reduction or extension

(Note the Option and Right to Vary is at the discretion of DHA)

In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purpose only.

Property Code: 1802

Property History for 4 Banimatla St, Lyons, NT 0810

A timeline of how this property has performed in the market
Last Sold
$729,000
01 Jul 2022
  • 01 Jul 2022
    Sold for $729,000
  • 26 Apr 2022
    Listed for Sale 729000
  • 20 Mar 2015
    Sold for $810,000

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About Lyons 0810

The size of Lyons is approximately 1 square kilometres. It has 12 parks covering nearly 22.5% of total area. The population of Lyons in 2011 was 1,929 people. By 2016 the population was 2,302 showing a population growth of 19.3% in the area during that time. The predominant age group in Lyons is 0-9 years. Households in Lyons are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lyons work in a professional occupation. In 2011, 27.2% of the homes in Lyons were owner-occupied compared with 30% in 2016.

Lyons has 750 properties. Over the last 5 years, Houses in Lyons have seen a 32.13% increase in median value, while Units have seen a 44.59% increase. As at 30 September 2024:

  • The median value for Houses in Lyons is $800,878 while the median value for Units is $692,274.
  • Houses have a median rent of $830 while Units have a median rent of $630.
There are currently 7 properties listed for sale, and 1 property listed for rent in Lyons on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Lyons.

Suburb Insights for Lyons 0810

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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.