1/125 Smith Street
Larrakeyah, NT 0820

Located on the ground level in the sought-after suburb of Larrakeyah, this two-bedroom unit offers an excellent opportunity for investors or buyers seeking an affordable property with potential for future value growth.

The unit has undergone several upgrades, including a modernized kitchen featuring updated cabinetry and fresh flooring throughout the living spaces, enhancing the overall appeal and comfort. The layout is practical and functional, providing a solid foundation for further improvements according to the new owner's preferences.

Key features include easy ground-floor access, security screening throughout the unit, and one allocated car parking space. The floating timber floors add a contemporary touch to the interiors, complementing the updated kitchen design.

Situated in a convenient location, this property benefits from strong rental demand, making it an attractive option for investors. Its proximity to essential amenities such as schools, shops, and public transport further enhances its desirability.

Additional details include council rates of approximately $1,798 per annum, a body corporate managed by Whittles Body Corporate Management, with levies around $990 per quarter and a sinking fund contribution of approximately $227 per quarter. The estimated rental income ranges between $580 and $620 per week, reflecting the strong rental appeal of the area.

Prospective buyers should note that some marketing images may include digital staging with virtual furniture and décor for illustrative purposes. It is recommended to conduct a physical inspection to assess the property's current condition, layout, and features thoroughly.

This unit represents a valuable entry point into the Larrakeyah market, suitable for first-time buyers or investors looking to capitalize on the suburb's ongoing demand and potential for capital growth.