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Back 3/11 Malabar Court
Off Market

3/11 Malabar Court

Larrakeyah NT 0820

2
2
2
155 m²
Apartment
Last sold for $507,000
Michael KeithMichael Keith, last sold this property on 01 July 2015 after 247 days on market.

Overview

MASSIVE BRAND NEW 2 BEDROOM + STUDY

Located in the heart of one of Darwin's most sought after suburbs, Malabar 350 is a brand new, boutique complex of two and three bedroom apartments. Multi-award winning company Sunbuild has built this exceptional project, with the development consisting of 16, two and three-bedroom apartments, as well as 2 three-bedroom penthouses. For sale within the complex is Unit 3, which consists of two bedrooms plus a study, two bathrooms, with both feature ensuites. Large mirrored built-in-robes provide plenty of storage for both rooms. The main living space is an open plan arrangement that flows out to a large balcony area, perfect for relaxing or entertaining guests. This spacious apartment has 155sqm on title, such a refreshing change to many of the smaller units on the market. The kitchen features Caesar Stone benches, tiled splash-backs, stainless steel appliances, while the bathroom also features Caesar Stone benches and quality chromes fitting. The complex is safe and secure with remote gated car park access, while there are two under cover car parks on title. The complex pool is the perfect size and remains very private with the surrounding vegetation and fencing. The location is ideal with Larrakeyah's close proximity to the CBD. Centrally located, only 500m walk to the CBD and 2.5km to the Waterfront Precinct, with Mindil Beach, Gardens Golf Course and Sky City Casino only 1km away. Investors should take serious of this opportunity. Why buy an already established property when you can buy brand new and save thousands on your tax with depreciation benefits. Don't delay in making a time to view this apartment. Call Michael Keith at O'Donoghues First National today for your exclusive viewing. Property Information: Year Built: 2014 Unit Area: 155sqm Body Corporate: $1,197 per quarter Property Status: Rented at $640 per week till November 2015

Features

2 bedrooms
2 bathrooms
2 carspaces
155 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Larrakeyah over the last 12 months, the estimated median property value of 3/11 Malabar Court is $409.5k.

Median value
$409.5k
Estimated value range
$310k - $650k
Median days on market
57
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Larrakeyah. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/11 Malabar Court

2021
Rented
Undisclosed
Leased on 03 Mar 2021 by LJ Hooker Darwin
2018
Rented
Undisclosed
Leased on 29 Nov 2018 by LJ Hooker Darwin
2015
Sold
$507,000
Private Sale/Treaty on 01 Jul 2015 by Michael Keith, of 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 2 bedroom apartments in Larrakeyah

In the last 12 months, 29 two-bedroom apartments similar to 3/11 Malabar Court, have been sold.

This represents a 93% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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Paul Heron

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