42/10 Doctors Gully Road, Larrakeyah, NT 0820 sold on 17 January 2025 | OnTheHouse
SOLD
Sold on 17 Jan 2025 for $460,000

42/10 Doctors Gully Road
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 113m2
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Property Details for 42/10 Doctors Gully Rd, Larrakeyah

42/10 Doctors Gully Rd, Larrakeyah is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 113m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom Unit sold in Larrakeyah in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
94m2
Land Size
113m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 9101/UTS2014/016

Last Listing description (December 2024)

This stylish 2 bedroom and 2 bathroom modern apartment, positioned in the heart of Larrakeyah, offers an excellent investment opportunity with a secure DHA lease until February 2027. With a rental return of $650 per week, it promises secure and hassle-free income.

Situated conveniently near Darwin CBD, Mindil Beach, and the Esplanade, this apartment boasts a highly desirable location. The nearby amenities and scenic views enhance the living experience. The rent remains guaranteed at market value, and all the perks that come along with investing with DHA.

The property features a neutral colour scheme to suit most furniture, split system air conditioning throughout, and mirrored built-in wardrobes in both bedrooms. The apartment is fully tiled for cool living and equipped with stainless steel appliances, making it an ideal choice for a great investment.

The open-plan living area opens onto the balcony, which also includes a storeroom for added convenience. The apartment comes with two undercover secure car parks in the building's garage. The complex features a lap swimming pool and secure building access with an electric fob key, ensuring safety and leisure for all residents.

? Neutral colour scheme
? Split system air conditioning throughout
? Mirrored built-in wardrobes in both bedrooms
? Fully tiled for cool living
? DHA Lease
? Open-plan living area opening onto the balcony
? Storeroom on the balcony
? Two undercover secure car parks in the building garage
? Complex includes a lap swimming pool
? Secure building with electric fob key access

DHA Lease Details:
? Lease Option: Up to a 3-year lease-option period in favour of DHA.
? Right to Vary: Option to reduce or extend the lease term by up to 12 months at DHA's discretion.
? Guaranteed Rent: Even if the property is vacant, DHA will provide the rent.
? Property Care: DHA's all-inclusive service fee covers a range of property-related services.
? End-of-Tenancy: The property is cleaned at the end of each tenancy period, with potential lease-end make-good for the lessor.

If you are looking at getting into the investment field, this apartment meets all the criteria. For more information on the benefits of investing in DHA property, visit dha.gov.au.

Council Rates: Approx. $1,370 per annum
Area Under Title: 113 sqm
Year Built: 2014
Zoning: TC (Tourist Commercial)
Status: DHA Lease - $650 per week until February 2027
Body Corporate: Altitude Management NT
Body Corporate Levies: Approx. $1,478.90 per quarter
Settlement period: 45 days or variation on request
Deposit: 10% or variation on request

Property History for 42/10 Doctors Gully Rd, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$460,000
17 Jan 2025
  • 17 Jan 2025
    Sold for $460,000
  • 29 Nov 2024
    Listed for Sale SOLD
  • 25 Jun 2024
    Listed for Sale Offers Over $450k
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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 2,258 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 9 properties listed for rent in Larrakeyah on OnTheHouse. According to Cotality's data, 142 properties were sold in the past 12 months in Larrakeyah.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.