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Opportunity awaits

Marrakai NT 0822 AUS
$235,000

Description

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.

  • Address: 100 Wyatt Road NT
  • Town: Marrakai
  • Post Code: 0822
  • State: NT
  • Country: Australia

Detail

Updated on November 13, 2019 at 3:03 am

  • Price : $235,000
  • Property Size: 70 Acres
  • Property Type: Other
  • Property Status: For Sale
Monica Baumgartner
Monica Baumgartner
0409 768 4200409 768 420

Acacia Realty

PO Box 99, Noonamah, NT 0837 Australia

OFFICE: 0409 768 420

EMAIL: [email protected]

WEBSITE: https://www.acaciarealty.com.au

Enquire about this property

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