7/5 Lambell Terrace, Larrakeyah, NT 0820 | Apartment for sale | OnTheHouse
 
FOR SALE
Offers Over $500,000

7/5 Lambell Terrace
Larrakeyah NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
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Captivating Views in a Fabulous Location

Gorgeously positioned within leafy Larrakeyah, this effortlessly appealing three-bedroom apartment offers bright, breezy living looking out over the old Darwin Hospital site, which is heritage listed and can never be built on, so you will always enjoy that incredible parkland vista.
Capturing cooling breezes from its elevated position, this easy, breezy apartment delivers low maintenance living in a superbly sought-after location, placing it a short stroll from attractions such as Cullen Bay, Gardens Park Golf Course, Mindil Beach and the casino.
With six months left on the current lease, the apartment is tenanted to offer instant return on investment, working well for investors looking to add to their portfolio, or buyers with a longer view to moving into this marvellous location.
First up, let's talk more about those views. Leafy and lush, the outlook is simply sensational, capturing interrupted views over parkland all the way to Cullen Bay. Out on the balcony, there's plenty of space for entertaining, or simply kicking back and watching the world go by in peace and privacy.
Bright and airy, the spacious open-plan is just as appealing, and entertainers are sure to appreciate the seamless connection between the living and cook space. Neatly set off to the side, the kitchen impresses further with stone counters, modern appliances and ample storage.
Of the three bedrooms, two offer built-in robes, including the airy master. Both the ensuite and main bathroom are well-appointed and functional, but could provide potential to add value with updates in time.
Rounding things out, there is an internal laundry, AC throughout, and secure parking for two cars, plus lift access and a delightful inground pool.
Of course, location is a huge highlight here. Just over the road, there's all that sweeping parkland to enjoy, including a great playground for kids. There are cafes and conveniences nearby, and you can walk or cycle to explore the dazzling array on offer within Darwin CBD.
In this location, this property is sure to be snapped up fast. Make sure you don't miss out by calling us today to arrange your inspection.
Currently tenanted to provide superb opportunity for investors
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Property Details for 7/5 Lambell Tce, Larrakeyah

7/5 Lambell Tce, Larrakeyah is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 157m2. The place is currently for sale with Raine & Horne Darwin.

Building Type
Apartment
Floor Size
157m2
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About Larrakeyah 0820

The size of Larrakeyah is approximately 2.0 square kilometres. It has 8 parks covering nearly 5.3% of total area. The population of Larrakeyah in 2016 was 3729 people. By 2021 the population was 3943 showing a population growth of 5.7% in the area during that time. The predominant age group in Larrakeyah is 20-29 years. Households in Larrakeyah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Larrakeyah work in a professional occupation.In 2021, 32.10% of the homes in Larrakeyah were owner-occupied compared with 32.30% in 2016.

Larrakeyah has 2,260 properties. Over the last 5 years, Houses in Larrakeyah have seen a 31.43% increase in median value, while Units have seen a 42.39% increase. As at 30 November 2025:

  • The median value for Houses in Larrakeyah is $971,737 while the median value for Units is $500,377.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 13 properties listed for sale, and 18 properties listed for rent in Larrakeyah on OnTheHouse. According to Cotality's data, 139 properties were sold in the past 12 months in Larrakeyah.

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Adam Gulliford
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Raine & Horne Darwin
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