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Marrakai

Property Details

For Sale - $235,000

Size: 70 acres approx

Property Overview

Property ID: 1P0178
Property Type: Land
Land Size: 70 acres approx

Inspection Times

  • As Advertised or by Appointment

Acacia Realty
PO Box 99,
Noonamah, NT 0837

Phone: 0409 768 420
Web: www.acaciarealty.com.au
Email Office

Contact Agent regarding this property:

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Opportunity awaits

This is a great piece of land which features

* Approx 70 acres of virgin land
* Some fencing in place
* 3 phase power pole is on site with main line connected
* Dry block
* Several potential building sites
* Short drive to the Corroboree Park Tavern
* Located on school bus route

The current owners have been in discussions with NT planning about the options to subdivide as they have undertaken the land suitability study and have commenced costing the power and road works to allow for a development proposal submission. This information can be provided to the purchasers to continue the application process if there is a desire to look at these options.

This property has various potential options regardless but with the opportunity and the possibility of subdivision providing the required application and compliance to Part 5 of the Planning Act is met.

Once developed based upon land sales in the area you could double your investment as the block has the potential to return 4 parcels of approximately 15 acres each taking road access into consideration.