Lot 7103 Biddlecombe Road
Coolalinga, NT 0839

Located in a prime position to benefit from the fastest growing catchment in the Northern Territory, this landmark development site offers an incredible opportunity for long-term land banking or development. The mixed zoning allows for a significant residential subdivision at varying densities, providing flexibility for diverse residential projects.

The property is situated adjacent to Coolalinga Central, a sub-regional shopping centre anchored by major retailers including Coles and Kmart, ensuring convenient access to essential amenities and services.

The land area and planning scheme zoning breakdown is as follows:

• Medium Density Residential (MR): Comprising 25% of the land, approximately 15,825 square metres, suitable for residential apartments generally up to four storeys.
• Low Medium Density Residential (LMR): Making up 27% of the land, approximately 17,091 square metres, designated for residential units or townhouses generally up to two storeys.
• Public Open Space (PS): Accounting for 33% of the land, approximately 20,889 square metres, providing public open space that enriches the amenity of the surrounding area. This space primarily caters to informal outdoor recreation needs of the community, including features such as BBQ areas, landscaped grounds, communal pools, and children's playgrounds.
• Low Density Residential (LR): Representing 15% of the land, approximately 9,495 square metres, intended for individual houses.

The total area on title is approximately 63,300 square metres (about 16 acres). All necessary services are currently available to the boundary of the property, facilitating development readiness.

This property is offered for auction, providing a unique opportunity for developers and investors to acquire a substantial parcel of land in a rapidly growing region of the Northern Territory.

The auction is scheduled for Tuesday 23rd June at 6pm, to be held at the Real Estate Central Office located at 39 Cavenagh Street, Darwin NT.