OFF MARKET

1845 Stuart Highway
Noonamah NT 0837

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 22028m2
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Property Details for 1845 Stuart Hwy, Noonamah

Building Type
Rural
Land Size
22028m2
Local Government
Litchfield
Lot/Plan
Loc 695 Lot 1711

Last Listing description (October 2024)

On behalf of the vendor Knight Frank NT is pleased to offer for sale this exceptional property representing a significant land holding in the rural area of Darwin.

The property is situated on the Stuart Highway at Noonamah with a boundary extending down to Elizabeth Valley Road. There is a total land area of 507 acres or 205.10 hectares and has a mixed zoning of RR (Rural Residential) and RL (Rural Living).

Situated on the property is a stunning 4 bedroom, 3.5 bathroom homestead with over 680sqm under roof and surrounded by beautifully manicured gardens and extensive lawn area.

The property is located 44kms from the Darwin CBD and is only a 30-minute drive by car from the Darwin CBD via Tiger Brennan Drive and the Stuart Highway.
The property offers easy access to the now very well established and popular Coolalinga Commercial precinct only 15kms north of the property.

The opportunities are plentiful! The property has some of the best pastures in the area and could easily be continued for livestock agistment, cropping or as a cattle depot. It already has the zoning to allow sub-division (subject to Town Planning Consents) and potentially could have greater densification and smaller lots (subject to Town Planning Consents).
The Rural Residential zoning allows for sub-division into 4,000sqm lots subject to Development Consent Approval and Town Planning Consents.

The property has for many years been used by the owners for their cattle trading business. In itself the property has a carrying capacity of 600 head on a year-round basis and up to several thousand head for short periods of time. Given the close proximity the property has to the Darwin Port and other facilities such as the Hampton's Cattle Yards on Elizabeth Valley Road, the property has been of great value as a holding and spelling area and for the ready and easy supply of cattle for the live export trade operating out of Darwin Port.

The locality is characterised by rural residential development and small horticultural operations. The locality includes the rural service centres of Coolalinga, Humpty Doo, Noonamah and Berry Springs.

The opportunities for Elizabeth Valley Farm as we see it are:
1. Purchased by a developer ready to proceed with a residential sub-division.
2. A developer looking to land bank the site.
3. A party looking to continue using the land as a cattle depot while reserving the future development and sub-division opportunities.
4. A lifestyle block suitable for a family seeking country living with the ability to subdivide in the future.

Our vendors are very commercial and are prepared to look at a number of scenarios.

- Sell the property and the two parcels of land in their entirety.
- Sub-divide off the house and a block of land with a land area of approximately 2.5 hectares and retain as their personal residence and sell the remaining land.

For further information or a copy of the Information Memorandum contact Knight Frank on 08 8982 2500 or Matthew Knight on 04130 58 020.

Property History for 1845 Stuart Hwy, Noonamah, NT 0837

A timeline of how this property has performed in the market
  • 22 Feb 2024
    Listed for Sale Contact agents for more information
  • 15 Mar 2023
    Listed for Sale Contact agents for more information
  • 15 Oct 2019
    Listed for Sale Expresions Of Interest
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About Noonamah 0837

The size of Noonamah is approximately 34.4 square kilometres. The population of Noonamah in 2011 was 528 people. By 2016 the population was 328 showing a population decline of 37.9% in the area during that time. The predominant age group in Noonamah is 40-49 years. Households in Noonamah are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Noonamah work in a clerical occupation. In 2011, 70.5% of the homes in Noonamah were owner-occupied compared with 77.1% in 2016.

Noonamah has 160 properties. Over the last 5 years, Houses in Noonamah have seen a 16.08% increase in median value. As at 30 September 2024:

  • The median value for Houses in Noonamah is $757,971 while the median value for Units is $321,442.
There are currently 2 properties listed for sale, and no properties listed for rent in Noonamah on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Noonamah.

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Disclaimer
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.