AUCTION - Price Guide $950k!!! MUST SELL

5 Bed  •  2 Bath  •  2 Car

Real Estate Central
Main view of Homely house listing, 145 Mitchell Street, Larrakeyah NT 820
Floorplan of Homely house listing, 145 Mitchell Street, Larrakeyah NT 820
Second view of Homely house listing, 145 Mitchell Street, Larrakeyah NT 820
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145 Mitchell Street, Larrakeyah NT 820

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AUCTION - Price Guide $950k!!! MUST SELL

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House for sale5 days on Homely

Next inspection:Tue 22 Jul 5:30pm

Auction date:Tue 5 Aug 6:00pm

What's around Mitchell Street

House description

“AUCTION - PRICE GUIDE $950k!!! MUST SELL CBD Opportunity with stacks of Potential”

For more property information text 145M to 0488 810 057

CBD Opportunity with stacks of Potential

A rare opportunity to secure premium land in the heart of Darwin’s CBD — this LMR-zoned parcel combines immediate income with serious long-term upside.
Set on a generous inner-city block, this is a strategic acquisition for investors or developers looking to capitalise on one of Darwin’s most tightly held urban pockets.
With flexible zoning and strong fundamentals, the site is primed for future multi-dwelling development (STCA), land banking, etcetera.

The existing residence offers immediate value, with gated access, side parking, and a large backyard. Inside, a functional dual-level layout includes upstairs living with three light-filled bedrooms, plus versatile downstairs spaces ideal for additional bedrooms, a home office, or studio.

All of this just minutes from Cullen Bay, the Esplanade, and Darwin’s leading lifestyle, dining, and commercial amenities.

Key Highlights:

• Prime CBD land parcel with valuable LMR zoning
• Strong potential for redevelopment or dual-occupancy (STCA)
• Well-maintained home offering rental return or live-in/lease-out flexibility
• Gated entry, shaded parking, and spacious backyard
• Walkable location moments to Cullen Bay, Waterfront, and city centre
• A future-focused asset in a tightly held growth corridor

Opportunities of this calibre – land, location, and flexibility – are rarely offered and tightly held. What would you do with it? Position yourself ahead of the curve with a property that delivers now and into the future.

The finer points:
Council Rates: Approx. $5,095 per annum
Area Under Title: 1130 meters squared
Zoning: LMR (Low-Medium Density Residential)
Status: Tenanted @ $680 until 19/12/25
Settlement period: 45 days or variation on request
Easements: As per title
Deposit: 10% or variation on request

Property features

airConditioning

Air Conditioning

Other features

Close to Schools, Close to Shops, Close to Transport, Fullty Fenced

Interactive media & resources

Auction time

Tuesday
5 Aug 6:00 PM

Inspection times

Tuesday
22 Jul 5:30 PM
Contact the agent
To request an inspection
Third view of Homely house listing, 145 Mitchell Street, Larrakeyah NT 820View more
Fourth view of Homely house listing, 145 Mitchell Street, Larrakeyah NT 820View more

Contact the real estate agent

Braden Menzies
Real Estate Central

Braden Menzies

Real Estate Central

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145 Mitchell Street, Larrakeyah NT 820
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