Back 2/6 Malabar St
Off Market

2/6 Malabar St

Larrakeyah NT 0820

1
1
1
47 m²
Unit
Last sold for $240,000
Kerri-Ann LaurenceKerri-Ann Laurence, last sold this property on 27 October 2025 after 578 days on market.

Overview

SET AND FORGET – EXCEPTIONAL RETURNS ON OFFER

An exceptional opportunity for investors and first-time buyers alike, this affordable one-bedroom, one-bathroom apartment offers a prime location with strong rental potential. Currently tenanted at $410/week offering a whopping 8.5% Gross Return. Current market appraisal is $430/week. Located on the ground level in a small complex of 6 only units. Quiet location, we have Malabar Park 250 metres from your front door and local's favourite The General Café only one block away. One carpark on Title. This low-maintenance property is an attractive addition to any portfolio. Featuring a renovated bathroom, air conditioning and ceiling fans for year-round comfort, the apartment is strategically located within walking distance of Darwin's CBD, The Gardens, and local beaches. Its close proximity to the Darwin Waterfront and Mindil Markets ensures high tenant demand. This is a solid, low-cost investment in one of Darwin's most desirable areas. Property Information: Status: Tenanted at $410/week til 15th Dec 2025 Settlement: Usually 30 days Darwin City Council Rates: $450 / quarter Body Corp Fees: $1,000 / quarter Body Corp Manager: North Management Area Under Title: 47 m2

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
47 m² lot size
Unit

Estimated Value

We need at least 3 similar 1 bedroom units sold in Larrakeyah over the last 12 months.

Property history for 2/6 Malabar St

2025
Sold
$240,000
27 Oct 2025 by Kerri-Ann Laurence, of Laurence Real Estate
2023
Rented
Undisclosed
Leased on 16 Mar 2023 by First National Real Estate O'Donoghues
2022
Rented
Undisclosed
Leased on 17 Mar 2022 by First National Real Estate O'Donoghues

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 1 bedroom units in Larrakeyah

In the last 12 months, 1 one-bedroom unit similar to 2/6 Malabar St, have been sold.

This represents a 34% increase in one-bedroom units sales when compared to the previous 12 months.

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