House for sale
6 Winston Avenue,
Stuart Park, NT
4 1 1
Developers Dream, Large 1300m² alotmentThe house on this property doesnï¿½t add much value, it is all about the land. Zoned MD ï¿½ Multiple Dwelling, this property is allowed to have 4 dwelling built on site, however due to its location and size there may opportunities for other variations under an exceptional development application. The block is located on the fringe of the Darwin CBD and is neighboured by other unit and town house developments of varying ages.
Within 150m of the site, there is two large parks and a childrenï¿½s playground granting the site great amenity nearby. Itï¿½s close proximity to the City will ensure great future value of the site, whether it is developed now or in the future. The NT Government has made a financial commitment to improve infrastructure in the city and this will have a flow on affect to the surrounding areas such as Stuart Park.
Construction costs and interest rates remain low so now is a good time to consider acquiring this site. There is no point waiting for the market to improve as sites like this would have been snapped up. Set yourself up now, and consider this impressive site in your development pipeline.
Last updated: 02:44AM on Jul 4th 2018