4/25 Latz Cres, Larapinta NT 0875

3-bedroom unit Larapinta | dual garages rare | 297sqm land | near Larapinta Primary This unit at 4/25 Latz Crescent sits in a quiet pocket of Larapinta where two garages and a 297sqm block are uncommon for a strata property. The 150sqm internal layout gives it a house-like feel without the detached price, making it a strong option for a buyer wanting space and low site maintenance. The school proximity and lack of flood or bushfire overlay reduce insurance and resale friction, and the recent comparable sale suggests pricing is already reflecting current market softness. It best suits an owner-occupier or a buy-and-hold investor looking for steady rental demand from families or professionals. The main risk is the 2014 purchase date and a 99-day marketing period for a comparable unit, which hints at a slower buyer pool in Alice Springs. Rental yield at mid-range $545 per week against a $515,000 list price is modest, not exceptional. The NBN FTTB connection is adequate but not a drawcard. The opportunity is in negotiating below the $515,000 ask, given the comparable sold at $480,000 in January. Hold this property for rental income or as a long-term base near the school zone, but do not expect capital growth in the short term.