7/15 Houston Street
Larrakeyah, NT 0820

Overview

7/15 Houston Street, Larrakeyah NT 0820

Located on the edge of the CBD, this tidy penthouse suite offers an excellent opportunity for savvy buyers seeking strong rental returns. The property is highly leasable and presents significant potential for upgrades to capitalize on a growing market.

Positioned on the top floor with stair access, the suite features a landing area ideal for relaxation or cultivating tropical plants to enhance privacy. The interior boasts a generous open-plan living, dining, and kitchen area that opens via sliding doors to a balcony. This outdoor space benefits from cool sea breezes and distant ocean glimpses through the treetops.

The kitchen is equipped with durable laminate countertops that wrap around the space, providing ample preparation areas. Overhead storage and a wall-mounted oven complement the kitchen, while light-filled windows offer views over the complex.

Each of the three bedrooms includes built-in robes with mirrored doors and split-system air conditioning. Sliding windows in the bedrooms allow for ventilation and the enjoyment of cool sea breezes. The bathroom combines retro charm with functionality, integrating bathroom and laundry amenities. It features a corner bathtub/shower combination, a vanity with storage, and a separate toilet with its own vanity.

This property is conveniently located just a short distance from the CBD, making commuting easy by scooter or on foot. It is close to cafes and offices, offering a lifestyle of convenience.

Additional Details:

• Council Rates: Approximately $1,800 per annum
• Area Under Title: 128 square meters
• Year Built: 1999
• Zoning: HR (High Density)
• Status: Vacant Possession
• Rental Estimate: Approximately $670 to $720 per week
• Body Corporate: Whittles Body Corporate
• Body Corporate Levies: Approximately $1,052 per quarter
• Settlement Period: 45 days or variation on request
• Easements: As per title
• Deposit: 10% or variation on request

This penthouse suite represents a solid investment opportunity with a blend of comfortable living and potential for future enhancements in a prime location.

Location