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  • 6/160 Smith Street, LARRAKEYAH, NT 0820

6/160 Smith Street, Larrakeyah, NT 0820

  • 2 Bed
  • 1 Bath
  • 1garages

For Sale

UNDER CONTRACT

Incredible Investment Opportunity

Don't miss your chance on 8.17% gross rental yield! Currently tenanted until April 2025! Discover the essence of City Living in this welcoming 2-bedroom apartment, nestled within Darwin's vibrant heart. This property exudes a lifestyle of comfort and convenience with an excellent combination of open plan living located on the edge of Darwin City. The air-conditioned interiors and tiled flooring throughout provide a cool retreat from the tropical climate, while the well positioned kitchen and combined modern bathroom and laundry facilities emphasize the apartment's practical appeal. The expansive living area, adorned with natural light through double doors, extends to a serene balcony, offering an ideal space for rest and relaxation. Situated in a prime location, this home is not just a place to live but a gateway to the dynamic city life, with easy access to dining, entertainment, and shopping. Property Highlights:
• 2 Bedroom 1 bathroom city apartment, perfect for investors, professionals or small families.
• Enjoy the convenience of tiled floors and air-conditioning throughout, ensuring comfort all year round.
• A combined bathroom and laundry space offers functionality and ease.
• Prepare meals in the kitchen with ample storage, which also overlooks the living areas
• Relax or entertain in the large living room, which features double doors opening to a welcoming balcony.
• Both bedrooms come with built-in robes, providing generous storage solutions. Nearby Amenities:
• Mitchell Street Darwin
• Larrakeyah Primary School
• Mindil Beach Casino
• Darwin Waterfront Enrich your lifestyle now, by embracing and living so close to Darwin City while nearby amenities offer educational, recreational, and dining conveniences right at your fingertips. Year Built: 1984 Body Corporate Fees: $1,215 per quarter approx. Council Rates: $1,700 per annum approx. Rental Income: $470 per week until April 2025 Gross Rental Yield: 8.17% approx.

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avatar Brandon Duncan
Brandon Duncan

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Property Info:
  • Property ID: L839595
  • Property Type:Unit
  • Building / Floor Area:92 sqm
  • Open Parking:1
We Know Your Area
R&H Suburb Profile: Larrakeyah
R&H Suburb SummaryHouses
Number of sales12
Average Price$1,534,000
Median Price$1,067,500
Median Rental Price$820 p.w.
Change in Rental Rate (5yr)39 %
R&H Suburb SummaryUnits
Number of sales85
Average Price$529,408
Median Price$460,000
Median Rental Price$600 p.w.
Change in Rental Rate (5yr)40 %
Median Trend - $1,067,500
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