155C Lowther Road

Bees Creek NT 0822

The property is zoned for Rural Residential use, which, subject to development approval, allows subdivision down to minimum lot sizes of 2.5 acres (1 hectare). Adjoining properties have recently received development approval for subdivision to the same minimum lot sizes. A road is currently under construction as part of that development and is due for completion in the 2022 dry season.

Although the property is currently accessed via an 'right of way' easement, the property will enjoy a 30 meter wide road frontage to the road under construction on the adjoining development. Importantly, this 30 meter wide 'axe handle' will comply with local council road standards which requires road reserve widths of 30 meters, should a future owner seek to construct a formal road into the property.

Approximately 5 acres around the existing house is mostly cleared with the balance under native vegetation, attracting all manner of native birds and animals. Darwin CBD is a leisurely 30 minute commute during the week, or take advantage of fixed wireless NBN and work from.

With a scarcity of land supply at present, smaller blocks with no future development potential are selling as soon as they are listed, particularly those on the fringes of the Darwin/Palmerston 'burbs' such as this property. Acquire today and apply for a subdivision development permit tomorrow, add it to your land bank and rent it out; or develop your dream rural hacienda and carve off a couple of blocks for the kids when the time comes.

For sale in the usual way or by option agreement. For inspections, access to property is via Thorburn Road, off Bees Creek Road.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.