12/16 Houston Street, Larrakeyah, NT 0820

For Sale

12/16 Houston Street, Larrakeyah, NT 0820-Image

12/16 Houston Street, Larrakeyah, NT 0820

Offers Over $470,000

Unit

Type

Bedrooms

Bathrooms

Parkings

75 m²

Area

Last updated on Friday, June 26, 2026 ( See property details for 12/16 Houston Street, Larrakeyah, NT 0820)

Offers Over $470,000

Chris Clarke - Real Estate Agent - Real Estate Central - DARWIN CITY

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully renovated, solid brick apartment in Larrakeyah offering stunning golf course and sunset views, modern amenities, and a strong rental income in a sought-after Darwin location.

🏡 Property Highlights

Spectacular golf course and sunset views overlooking Mindil Beach
Long-term tenants secured until July 2027 with a strong rental return
Modern renovation with updated kitchen and bathrooms
Solid brick construction ensuring durability
Prime Larrakeyah location close to Darwin CBD and waterfront attractions
Approximate gross rental yield of 7.5%

✨ Key Features

Built-in Robes
Open-Plan Living
Outdoor Area
Waterfront / Views
Secure Parking
Air Conditioning
Ceiling Fans
Internal Laundry
Pet-Friendly
Fly Screens

Suburb and Property Insights of Larrakeyah, NT 0820

Larrakeyah is a highly sought-after suburb in Darwin, renowned for its proximity to the CBD, stunning waterfront views, and vibrant lifestyle. Key points include: prime location close to beaches and markets, strong investment growth potential, relaxed tropical atmosphere, excellent amenities and dining options nearby, and a community-oriented environment perfect for both residents and investors.

Frequently Asked Questions

What are the key lifestyle benefits of living in this apartment?

This apartment offers stunning sunset and golf course views, ocean breezes, a tropical atmosphere, and proximity to Darwin's CBD, beaches, markets, and entertainment venues, providing a relaxed and vibrant lifestyle.

Is the property suitable for long-term tenants?

Yes, the property currently has long-term tenants secured until July 2027, with a rental income of $675 per week, making it an excellent set-and-forget investment.

What updates have been made to the property?

The apartment has been thoughtfully renovated throughout, featuring an updated kitchen and bathrooms, and a modern white colour palette.

What construction type is the building?

The property is constructed from solid brick, ensuring durability and longevity.

What are the ongoing costs associated with the property?

The approximate body corporate levies are $1,437 per quarter, and council rates are around $1,800 per annum.

What to ask about this property to agent?

Are there any upcoming planned developments or zoning changes in the area that could affect the property value? Are there any easements or restrictions on the title that could impact future renovations or use? Has the property been inspected for any structural issues or defects, especially given its age from 1984? Are there any strata or body corporate fees or special levies not disclosed? Is the property located in a flood or bushfire-prone zone, and what are the associated risks? Are there any ongoing or upcoming construction projects nearby that could cause noise or disruption? What are the terms of the current lease, and are there any conditions that could change the rental income? Are there any additional costs or fees not included in the advertised figures? Is the property compliant with all local building and safety regulations? What are the long-term plans for the surrounding area that could influence property value?

12/16 Houston Street, Larrakeyah, NT 0820 - More Details

Offers Over $470,000

For more property information text 1216H to 0488 810 057

Positioned in one of Darwin's most sought-after suburbs, this beautifully presented apartment offers the perfect combination of lifestyle, location and investment performance.

Investment overview -
Current rent $625 per week until 6th July 2026
New lease signed for $675 per week from 7th July 2026 until 6th July 2027
Gross return on investment approx. 7.5% pa
Low body corporate levies approx. $1,437 per quarter

Property overview -
Overlooking the lush fairways of Gardens Golf Course and capturing stunning sunset views across Mindil Beach and beyond, this is an opportunity to secure a quality property in a tightly held pocket of Larrakeyah.

Thoughtfully renovated throughout, the apartment features a clean and contemporary white palette, updated kitchen and bathrooms, and a solid brick construction designed to stand the test of time. Ocean breezes flow effortlessly through the home, creating a relaxed tropical atmosphere all year round.

Located just moments from the Darwin CBD, Mindil Beach Markets, the Waterfront Precinct, restaurants, cafes and entertainment venues, the lifestyle appeal is undeniable.

For investors, the numbers stack up just as well. A long-term tenancy is already in place, with the current tenants recently committing to a further 12-month lease until July 2027. Returning $675 per week and delivering an impressive 7.5% ROI, this is a genuine set-and-forget investment in a proven growth location.

Property Highlights
• 2 bedrooms | 2 bathrooms | 1 car park on title
• Spectacular golf course and sunset views
• Ocean breezes and tropical lifestyle
• Updated kitchen and bathrooms
• Modern white colour palette throughout
• Solid brick construction
• Long-term tenants secured until July 2027
• Rental return of $675 per week
• Approx. 7.5% gross rental yield
• Premium Larrakeyah location close to Darwin CBD, Mindil Beach and The Gardens

Whether you're looking to grow your investment portfolio or secure a quality property in one of Darwin's premier suburbs, this is an opportunity not to be missed.

Finer Points
Council Rates: Approx $1,800 per annum
Area Under Title: 75 metres squared   
Year Built: 1984
Zoning: HR (High Density)
Status: Tenanted until July 2027 @ $675 per week
Potential ROI: 7.5% per annum
Rental Estimate:  Approx. $650 - $750 per week
Body Corporate:  Elite Strata Management
Body Corporate Levies: Approx. $1,437 per quarter 
Settlement period: 45 days or variation on request   
Easements: As per title
Deposit: 10% or variation on request  

Type: Unit
Bedrooms: 2
Bathrooms: 2
Parkings: 1
Area: 75 m²

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