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Overview
Great Potential! - Develop or Land Bank
Positioned in the highly sought-after suburb of Stuart Park, this substantial corner allotment presents an outstanding opportunity for developers, investors, and land bankers looking to secure a strategic holding in a well-established residential precinct.
Occupying a prominent corner location with frontage to both Queen Street and Margaret Street, the property offers excellent accessibility and flexibility for future development, subject to relevant approvals.
Key features include:
- Corner allotment with dual street frontage to Queen Street and Margaret Street
- Land area of 1,150 square metres
- Zoned LMR - Low-Medium Density Residential
- Existing two-bedroom dwelling on site
- The dwelling is not considered to be in a liveable condition
- Sewerage easement measuring approximately 3.115 metres in width
- Offered for sale on an "as is, where is" basis
- Exceptional opportunity to develop, renovate, or land bank for future growth
With development-ready characteristics and a premium Stuart Park location just minutes from the Darwin CBD, this property offers a rare chance to unlock significant value in a tightly held market.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Stuart Park NT 0820
Market Insights for Stuart Park NT 0820
Other properties in this postcode
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