39 Larapinta Dr, Gillen, NT, 0870

Zoned for Opportunity with 6.2% Return

House
Type
3
Bedrooms
1
Bathrooms
6
Parkings

Last updated on Wednesday, June 10, 2026 ( See property details for 39 Larapinta Dr, Gillen, NT, 0870)

$439,000

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39 Larapinta Dr
Gillen, NT 0870
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Vertical aerial view — 39 Larapinta Dr
39 Larapinta Dr — Vertical Aerial  •  Gillen, NT 0870  •  Nearmap © 2026
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property on a large 1,000 sqm block in a sought-after central location, offering rental income, development potential, and future flexibility.

🏡 Property Highlights

  • Generous 1,000 sqm allotment offering development potential
  • Currently leased at $525 per week with a 6.2% return
  • Flexible periodic tenancy with tenants vacating soon
  • Large rear yard suitable for future development (STCA)
  • Includes a 6m x 5m shed for storage or workshop
  • Well-maintained solid three-bedroom, one-bathroom dwelling

✨ Key Features

  • Shed
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Gillen is a vibrant suburb known for its central location and convenient access to amenities. It offers excellent investment prospects with a mix of established homes and future development potential. The area boasts a strong community vibe, proximity to schools, shopping, and transport links. Its strategic position makes it ideal for both investors and owner-occupiers seeking growth. The neighborhood combines urban convenience with spacious land parcels, perfect for future expansion.

What is the current condition of the property?
The property is well-maintained, featuring a solid three-bedroom, one-bathroom dwelling in good condition.
What are the future development options for this land?
The large rear yard offers scope for further improvement or development, subject to council approval (STCA).
Is the property suitable for investment purposes?
Yes, it currently generates rental income of $525 per week with a strong 6.2% return, making it an attractive investment.
What amenities are nearby?
Gillen offers convenient access to schools, shopping centers, transport links, and community facilities, making it ideal for residents and investors.
Are there any restrictions or zoning considerations?
Zoning details should be confirmed with local council, but the large land size provides flexibility for future development or owner occupation.
Are there any planning or zoning restrictions that could affect future development on this property? What are the total costs involved beyond the purchase price, including council rates and potential development fees? Are there any easements, covenants, or restrictions on the land that could impact redevelopment? Has the property been inspected for structural issues or pests? Are there any upcoming council or community plans that could influence the neighborhood or property value? Is the property located in a flood or bushfire-prone area? What is the history of the property regarding previous renovations or repairs? Are there any existing or planned nearby construction activities that could cause noise or disruption? What are the terms of the current lease, and are there any conditions that could change upon sale? Is there any strata or body corporate arrangement applicable to this property?

39 Larapinta Dr, Gillen, NT, 0870 - More Details

Zoned for Opportunity with 6.2% Return

Type
House
Bedrooms
3
Bathrooms
1
Parkings
6

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