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Great Potential! - Develop or Land Bank
Positioned in the highly sought-after suburb of Stuart Park, this substantial corner allotment presents an outstanding opportunity for developers, investors, and land bankers looking to secure a strategic holding in a well-established residential precinct.
Occupying a prominent corner location with frontage to both Queen Street and Margaret Street, the property offers excellent accessibility and flexibility for future development (subject to relevant approvals).
Key features include:
- Corner allotment with dual street frontage to Queen Street and Margaret Street
- Land area: 1,150 square metres
- Zoned LMR - Low-Medium Density Residential
- Existing two-bedroom dwelling on site
- Dwelling is not considered to be in a liveable condition
- Sewerage easement measuring approximately 3.115 metres in width
- Offered for sale on an "as is, where is" basis
- Exceptional opportunity to develop, renovate, or land bank for future growth
With development-ready characteristics and a premium Stuart Park location just minutes from the Darwin CBD, this property offers a rare chance to unlock significant value in a tightly held market.
For further information or to arrange an inspection, contact Nick Syrimi 0412 537 638 or Rhiannon Campbell 0431 436 847 at Ray White City (NT)
Occupying a prominent corner location with frontage to both Queen Street and Margaret Street, the property offers excellent accessibility and flexibility for future development (subject to relevant approvals).
Key features include:
- Corner allotment with dual street frontage to Queen Street and Margaret Street
- Land area: 1,150 square metres
- Zoned LMR - Low-Medium Density Residential
- Existing two-bedroom dwelling on site
- Dwelling is not considered to be in a liveable condition
- Sewerage easement measuring approximately 3.115 metres in width
- Offered for sale on an "as is, where is" basis
- Exceptional opportunity to develop, renovate, or land bank for future growth
With development-ready characteristics and a premium Stuart Park location just minutes from the Darwin CBD, this property offers a rare chance to unlock significant value in a tightly held market.
For further information or to arrange an inspection, contact Nick Syrimi 0412 537 638 or Rhiannon Campbell 0431 436 847 at Ray White City (NT)