5/3 Morinda Street, Larrakeyah, NT 0820

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For sale

UNDER CONTRACT

2-Bedroom Gem in Larrakeyah - Great for investors and First home Buyers

Welcome to 5/3 Morinda Street, Larrakeyah – your gateway to urban living and an excellent investment opportunity! This unique property features 2 bedrooms, 2 bathrooms, and 2 undercover parking spaces, perfect for small families or couples seeking a cozy retreat. With 135 sqm of space, it offers comfortable living and a solid yield of 7%.

This beautiful gem showcases city views from the balcony, providing a bird’s-eye view of the vibrant neighborhood. Inside, you’ll discover meticulous interior design and top-quality finishes.

Nestled in a private corner, this oasis offers tranquility amidst the city’s vibrancy. Shops, restaurants, and parks are all within walking distance, ensuring convenience and enjoyment.

Seize the opportunity to make this Larrakeyah gem your own – contact us today for a viewing and start your urban dream!

Features:

• Bright open-plan living and dining area with access to a breezy balcony.

• User-friendly kitchen with ample counter and storage space.

• Master bedroom complete with its own ensuite bathroom.

• Separate laundry equipped with a spacious built-in linen cupboard.

• Cool, low-maintenance tiles and split system air conditioning throughout.

• Undercover parking available for 2 cars along with a private lock-up storeroom.

Key Details:

• Year built: 2000

• Body corporate fees: $1145pq including Sinking Fund

• Council rates: $1600pa

• Possession: Tenanted at $490 Per week till March 2025

Sales Consultant

Got a property to sell? Contact us for a free Property Estimate

Property Info:
  • Property ID: L23268824
  • Property Type: Apartment
  • Building / Floor Area: 135 sqm
  • Garages: 2
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R&H Suburb Profile: Larrakeyah

R&H Suburb Summary Houses
Number of sales 13
Average Price $1,589,077
Median Price $1,100,000
Median Rental Price $800 p.w.
Change in Rental Rate (5yr) 34 %
R&H Suburb Summary Units
Number of sales 88
Average Price $504,468
Median Price $444,500
Median Rental Price $580 p.w.
Change in Rental Rate (5yr) 45 %
Larrakeyah, NT - Median Trend
$1,100,000