SOLD
Sold on 18 Apr 2024 for $85,000

297 Barr Road
Marrakai NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 130200m2
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Property Details for 297 Barr Rd, Marrakai

Building Type
Land
Land Size
130200m2
Local Government
Un-Incorporated
Lot/Plan
Loc 000 Lot 5550/LTO99/95B

Last Listing description (August 2021)

First home buyers seeking to take advantage, of not only historically low interest rates, but also the attractive incentives provided by the Northern Territory government when purchasing a new home, should take a serious look at this 32-acre property, on arguably the best block in Marrakai.

Quality-built and fully certified, this demountable home, with a permit to occupy (assisting greatly when financing), is complete with two double sized bedrooms, combined bathroom laundry, modern kitchen, expansive open plan living, covered deck, and double carport.


Features include gas stove and oven, 3 x split system air-conditioning unit, ceiling fans, LED lights, bore with new pump, water tank and septic system, plus 3-phase electricity. There is no immediate money needing to be spent, and being shiny and new, everything is immaculateit is ready to move straight into.

Fire breaks have been cleared on the land, and property has ample water making it suitable for a myriad of horticultural uses including hobby farming. High and dry, with majestic timber trees, it is picturesque and private, with good elevation and a pleasant outlook.

As well as appealing to first home buyers, it could also make a great country weekender or rural retreat for the city dweller seeking peace and seclusion when taking a breakapproximately 1 hours drive to Darwin, you could pack a bag after work on Friday and head south to your own slice of idyllic Territory paradise!

The township of Humpty Doo is approximately 25 minutes drive where you can access essential amenities, and Darwin is a commutable distance for work, shopping, and entertainment.

The Great Australian Dream is getting harder to reach for many; but if you are willing to think outside the square, there are opportunities out there that enable you to fulfil this most important yardstick of security owning your own home. 297 Barr Road, Marrakai provides that first step up the property ladderwho knows, you may love it here so much, it may prove to be your first and forever home.

If you have any questions contact Ken Jones today for more information 0402 213 406


Quality demountable home, brand new
Permit to Occupy, fully certified construction
32-acre block, arguably best in Marrakai
2 bedrooms, modern kitchen & bathroom
Open plan living, large covered deck
Double carport, bore with new pump
3 x split-system air-conditioners
Ceiling fans including on deck
LED lights, gas cooking, septic
3-phase electricity, water tank
Fire breaks cleared,
Quality crystal clear bore water, ample supply
High & dry with majestic trees onsite
First home buyer incentives available
25 mins to Humpty Doo, 1 hr to Darwin
Vacant shiny & new, move straight in!

Property History for 297 Barr Rd, Marrakai, NT 0822

A timeline of how this property has performed in the market
Last Sold
$85,000
18 Apr 2024
  • 18 Apr 2024
    Sold for $85,000
  • 12 Jul 2021
    Sold for $340,000
  • 07 May 2019
    Sold for $86,000
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About Marrakai 0822

The size of Marrakai is approximately 2,207.2 square kilometres. It has 3 parks covering nearly 32.9% of total area. The population of Marrakai in 2011 was 495 people. By 2016 the population was 527 showing a population growth of 6.5% in the area during that time. The predominant age group in Marrakai is 50-59 years. Households in Marrakai are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marrakai work in a managers occupation. In 2011, 73% of the homes in Marrakai were owner-occupied compared with 79.2% in 2016.

Marrakai has 349 properties. Over the last 5 years, Houses in Marrakai have seen a -2.78% decrease in median value. As at 31 August 2024:

  • The median value for Houses in Marrakai is $371,719 while the median value for Units is $378,923.
There are currently 5 properties listed for sale, and no properties listed for rent in Marrakai on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Marrakai.

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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.