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Back 145 Mitchell Street
Off Market

145 Mitchell Street

Larrakeyah NT 0820

5
2
2
House
Zayden LewisZayden Lewis, last sold this property on 20 October 2025 after 95 days on market.

Overview

CBD Opportunity with stacks of Potential

For more property information text 145M to 0488 810 057 A rare opportunity to secure premium land in the heart of Darwin’s CBD — this LMR-zoned parcel combines immediate income with serious long-term upside. Set on a generous inner-city block, this is a strategic acquisition for investors or developers looking to capitalise on one of Darwin’s most tightly held urban pockets. With flexible zoning and strong fundamentals, the site is primed for future multi-dwelling development (STCA), land banking, etcetera. The existing residence offers immediate value, with gated access, side parking, and a large backyard. Inside, a functional dual-level layout includes upstairs living with three light-filled bedrooms, plus versatile downstairs spaces ideal for additional bedrooms, a home office, or studio. All of this just minutes from Cullen Bay, the Esplanade, and Darwin’s leading lifestyle, dining, and commercial amenities. Key Highlights: • Prime CBD land parcel with valuable LMR zoning • Strong potential for redevelopment or dual-occupancy (STCA) • Well-maintained home offering rental return or live-in/lease-out flexibility • Gated entry, shaded parking, and spacious backyard • Walkable location moments to Cullen Bay, Waterfront, and city centre • A future-focused asset in a tightly held growth corridor Opportunities of this calibre – land, location, and flexibility – are rarely offered and tightly held. What would you do with it? Position yourself ahead of the curve with a property that delivers now and into the future. The finer points: Council Rates: Approx. $5,095 per annum Area Under Title: 1130 meters squared Zoning: LMR (Low-Medium Density Residential) Status: Tenanted @ $680 until 19/12/25 Rental Estimate: Approx. $850 - $950 per week Settlement period: 30 days or variation on request Easements: As per title Deposit: 10% or variation on request

Features

5 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Larrakeyah over the last 12 months.

Property history for 145 Mitchell Street

2025
Sold
Undisclosed
20 Oct 2025 by Zayden Lewis, of Real Estate Central

Happy sellers in Larrakeyah

94%
94% of sellers in Larrakeyah reported that their sale price either exceeded or met their price expectations.

Larrakeyah stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Larrakeyah over the last 12 months.

Local market activity for 5 bedroom houses in Larrakeyah

In the last 12 months, 2 five-bedroom houses similar to 145 Mitchell Street, have been sold.

This represents a 50% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Larrakeyah

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Kerri-Ann Laurence

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Susie Patton-Quinn

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Paul Heron

Sellers who recommend Paul Heron have praised them for being local expert, clear communication, honest, trustworthy, stress-free process, reliable and supportive

  •   5   (72 reviews)
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Sascha Smithett

Sellers who recommend Sascha Smithett have praised them for being local expert, clear communication, reliable, honest, supportive, hard-working and dedicated

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