Prime development opportunity in Farrar
- Rare infill site
- Development concepts prepared
1- 1.5 radial kilometres from Palmerston Post Office.
2- 800 radial metres to the new Palmerston Police Station
3- 1.6 radial kilometres to the Gateway Shopping Centre.
4- 1 radial kilometre from the new Bunnings
5- 500 radial metres to the newly opened Palmerston Regional Hospital
There have been a number of landmark new developments completed and pending surrounding the Palmerston CBD in recent years, as shown above these include the new Palmerston Police Station the Palmerston Regional Hospital and the Gateway Shopping Centre, these three developments are significant employment centres and also offer amenity and services to the immediate area.
This proposed development area is at the north western end of Farrar and has direct access to Temple Terrace, Roystonea Avenue and the Stuart Highway.
43 Bauldry Avenue is a prime parcel of land in the developed suburb of Farrar. Located just a 5 minute drive to the Gateway Shopping Centre or a short walk to the new Palmerston police station or Palmerston Regional Hospital. The land is zoned LMR and has 2,110sqm on title.
With the property measuring 2,110sqm and under the NT planning scheme, the property allows for seven townhouses with yard and patio areas. The current plans allow for five, 2 bedroom, 2 bathroom units and two, 3 bedroom 2 bathroom units. Each unit receives 2 covered parking spaces and the average units living area is 102sqm with 16sqm patios.
The property represents a great opportunity for developers and investors to acquire a quality LMR site in Palmerston. The site comes with development concepts and design layout (subject to planning approval) as shown in the property pictures. There are also opportunities for a single house or multiple houses on the parcel of land.
For more information Please call Sam Moore 0484 923 077 or Lee Doyle 0403 348 243.