OFF MARKET

164 Madigan Road
Marrakai NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 92238m2
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Last updated 18 Nov 2024
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Property Details for 164 Madigan Rd, Marrakai

164 Madigan Rd, Marrakai is a 0 bedroom, 0 bathroom House. The property has a land size of 92238m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
House
Land Size
92238m2
Local Government
Un-Incorporated
Lot/Plan
Loc 000 Lot 6443/LTO2010/09

Last Listing description (April 2024)

To view webbook with more property information text 164MAD to 0488 810 057

Thinking of a quiet rural lifestyle? Well here is your opportunity to secure a fabulous natural virgin bush block. This approximately 22 acre allotment has loads of potential to build a fabulous home or weekend retreat.

* Approximately 9.2Ha or 22 acres of beautiful virgin bush

* Street frontage to both Madigan road and Marrakai track
* High and dry block with some lovely subtle peaks
* Some excellent potential building sites
* Short drive to the Corroboree Park Tavern
* Close to fishing, camping & hunting grounds
* Great location close to Jabiru & Kakadu National Parks
* Future growth area as Darwin continues to grow
* Native birds & wildlife are abound

Marrakai is a fantastic lifestyle location or an affordable start to your property portfolio.

Whether you are into adventure and enjoy, hunting, motorbike or horse riding, fishing and camping or more into nature and all the abundant birds and wildlife, Marrakai is for you!
Many residents make a daily commute to Darwin which is just over an hour and offers fabulous scenery. Humpty Doo is roughly only half an hour away and the school bus passes on Stephen Road. The Corroboree Tavern is a couple of minutes away and is a great spot to catch up on all the latest fishing stories!

Property must be sold! Don't miss this opportunity to secure a stunning allotment to sit on or build straight away.

Area Under Title: 9 hectares 2000 square metres
Zoning: NOZONE (No NT Planning Scheme zone applies)
Status: Vacant Land
Vendors Conveyancer: Lucy Zhao Covenanting
Settlement period: 45 Days
Deposit: 10% or variation on request

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Property History for 164 Madigan Rd, Marrakai, NT 0822

A timeline of how this property has performed in the market
Last Sold
$150,000
09 Aug 2013
  • 19 Jan 2024
    Listed for Sale Not Disclosed
  • 09 Aug 2013
    Sold for $150,000

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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 348 properties. Over the last 5 years, Houses in Marrakai have seen a -6.19% decrease in median value. As at 31 October 2024:

  • The median value for Houses in Marrakai is $440,080 while the median value for Units is $255,072.
There are currently 4 properties listed for sale, and no properties listed for rent in Marrakai on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Marrakai.

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