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10/16 Marina Boulevard, Larrakeyah$650,000
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10/16 Marina Boulevard

Larrakeyah, NT 0820, Australia
$650,000
3 bed 2 bath 2 car218 m²

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About this property

Step into effortless waterside living with this beautifully presented three-bedroom, two-bathroom apartment in the sought-after Bayview complex. Perfectly positioned with stunning views across Cullen Bay Marina, this home combines privacy, lifestyle, and practicality in one incredible package. Inside, the apartment opens to a huge open kitchen and living area, seamlessly connecting to a spacious balcony through two sets of sliding doors. From here, you can take in the sparkling marina views while enjoying cool south facing breezes, with the wing position shielding the apartment from the hot setting sun. The kitchen is designed for both style and functionality, featuring granite benchtops, stainless steel appliances, a generous pantry, and ample bench and cupboard space, ideal for the home cook or entertainer. Each bedroom is thoughtfully designed with built in robes, while the master suite boasts a walk-in robe, private ensuite, and its own balcony retreat. Modern touches such as stainless-steel ceiling fans throughout, large open interiors, and an emphasis on natural airflow create a comfortable and relaxed environment year-round. For investors, this property represents a ready-made opportunity. Currently leased to an excellent tenant at $650 per week until October 2025, with the option to renew, the apartment delivers reliable rental income and peace of mind from day one. With low vacancy rates in Darwin and continued demand for quality homes near the water, this is a strong addition to any investment portfolio. Residents of the secure complex enjoy peace of mind with intercom entry, two undercover car parks with storage, and the added luxury of a swimming pool to cool off on Darwin's warm days. All this is just a short stroll from Cullen Bay's renowned lifestyle precincthome to Darwin's most iconic dining, café culture, and waterfront walks. Whether it's sipping coffee by the marina, enjoying fresh seafood at a local restaurant, or taking in a breathtaking sunset, this location offers the very best of Darwin living. Year Built: 1999 Council Rates: $1,750.00 p.a. (approx.) Area Under Title: 218 sqm Current Rent: $650per week (Leased until October 2025) Body Corporate Manager: Whittles Body Corporate Body Corporate Fees: $2,020 per quarter (including sinking fund)

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Land Area
218 m²
Listed
3 months ago

Repayment calculator

$3,151/month
$1,576 /fortnight
Loan $520,000 at 6.10% over 30 years

Upfront costs

Deposit$130,000
Stamp duty$32,176
Conveyancing (est.)$2,000
Total upfront$164,176
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Larrakeyah

This 3-bedroom apartment in Larrakeyah, NT 0820 sits within reach of public transport, local shops and nearby schools. It is listed 7% above the $605,000 median of 66 comparable apartmentswithin 5 km.

Schools near Larrakeyah

  • Larrakeyah Primary Schoolprimary · T-6 · CoEd

What's nearby

  • Marina Boulevard (809) (bus)84 m away
  • Sealink617 m away
  • Bariquit Square154 m away
  • Myilly Point Park225 m away
  • Old Darwin Hospital330 m away

Larrakeyah at a glance

Full suburb profile
Population
3,943
Median age
33
Household income
$2,372/wk
Median rent
$395/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Larrakeyah price trend

Median sold · Unit 3 bed

Compound growth +0.9% / yr over 4 yrs

$570kcurrent median

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