3/11 Malabar Street

Larrakeyah NT 0820

Located in the heart of Larrakeyah, 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 titles expected in August. The development consists 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, as well as two bathrooms, which both feature as 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. With a rental estimate of $700 per week, a property such as this will always have huge demand on the rental market given it's size and location. 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.