SOLD
RECENT ADVICE
Sold on 19 Mar 2024 for $279,000

9/7 Mueller Road
Malak NT 0812

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 9/7 Mueller Rd, Malak

9/7 Mueller Rd, Malak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Malak in the last 12 months.

Building Type
Unit
Local Government
Darwin

Last Listing description (March 2024)

Nestled in the established northern suburb of Malak, Unit 9 at 7 Mueller Road is an ideal first home or an opportunity for a savvy investor

Current owner has modernized the home to blend style with practicality. Step into a space that looks and feels great, featuring a thoughtful layout that caters to the needs of contemporary living

An attractive option for those looking to enhance their investment portfolio or move into their first home

What sets this home apart is the inclusion of a private spa and two courtyards, front and back, creating your own oasis in the heart of Malak.

Imagine unwinding after a long day in the tranquility of your personal spa or hosting gatherings in the inviting courtyard space. These distinctive features elevate the property, providing residents with a unique and desirable living experience that goes beyond at typical unit.

Investors, take note! Unit 9 is not only a gem in terms of its features but also in its financial potential. Currently, the property is tenanted until April 2024, generating a steady income of $500 per week. This, coupled with a reasonable body corporate fee of $1073 per quarter makes this worth considering!

• Two Bedroom ground level unit
• Spa in your own private courtyard
• Gated Carport for single vehicle
• Spacious open plan lounge, dining & kitchen
• Close to McMillans Road with easy access to Palmerston and CBD
• Tenanted until April 2024 @ $500 per week

Property History for 9/7 Mueller Rd, Malak, NT 0812

A timeline of how this property has performed in the market
Last Sold
$279,000
19 Mar 2024
Listed for Rent
$355/w
29 Jun 2018
  • 19 Mar 2024
    Sold for $279,000
  • 11 Dec 2023
    Listed for Sale $289,000
  • 06 Jun 2018
    Listed for Rent - Price not available
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About Malak 0812

The size of Malak is approximately 1.8 square kilometres. It has 6 parks covering nearly 14.9% of total area. The population of Malak in 2011 was 3,309 people. By 2016 the population was 2,997 showing a population decline of 9.4% in the area during that time. The predominant age group in Malak is 30-39 years. Households in Malak are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Malak work in a professional occupation. In 2011, 57.2% of the homes in Malak were owner-occupied compared with 58.8% in 2016.

Malak has 1,161 properties.

    There are currently 8 properties listed for sale, and 4 properties listed for rent in Malak on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Malak.

    Suburb Insights for Malak 0812

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    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.