FOR SALE
Offers over $650,000

5915/2124 Arnhem Highway
Marrakai NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 27ac
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Tropical Haven Investment Opportunity

Phone enquiry code for this property : 1281
Situated along the Arnhem Highway, this property boasts not only convenience but also visibility, making it an ideal investment opportunity. With highway frontage, your possibilities are endless - whether you envision a quant homestead, a thriving business, or simply a peaceful sanctuary away from the hustle and bustle of city life.
This property comes fully fenced and includes a 30 x 20 m pad perfect for housing or a shed/warehouse.
There is no requirement to pay for council rates or water as Marrakai is in an out of council zone.
The reliable water tank and bore water system operates at 18 Litres per second, ensuring high speed access to water year-round.
The Phase 3 electricity connectivity opens up a world of opportunities for development and expansion.
The cleared land in the front paddock presents a blank canvas ready to be shaped according to your personal or business desires. There is plenty of space for vehicles and for exploration, including acres of natural vegetation and untouched bushland in the back paddocks.
Located just four blocks (or 950 m) from the Corroboree Park Tavern and located within a friendly community, this property is a gem within the rural paradise of Marrakai.
Whether you are an investor, a homesteader, or a visionary entrepreneur, this land is your canvas waiting for you to paint your dreams upon it - contact us now to make this idyllic retreat your reality.
Phone enquiry code for this property : 1281

Property Details for 5915/2124 Arnhem Hwy, Marrakai

Building Type
Rural
Land Size
27ac

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About Marrakai 0822

The size of Marrakai is approximately 2,207.2 square kilometres. It has 3 parks covering nearly 32.9% of total area. The population of Marrakai in 2011 was 495 people. By 2016 the population was 527 showing a population growth of 6.5% in the area during that time. The predominant age group in Marrakai is 50-59 years. Households in Marrakai are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marrakai work in a managers occupation. In 2011, 73% of the homes in Marrakai were owner-occupied compared with 79.2% in 2016.

Marrakai has 349 properties. Over the last 5 years, Houses in Marrakai have seen a -2.78% decrease in median value. As at 31 August 2024:

  • The median value for Houses in Marrakai is $371,719 while the median value for Units is $378,923.
There are currently 5 properties listed for sale, and no properties listed for rent in Marrakai on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Marrakai.

Suburb Insights for Marrakai 0822

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.