For Sale

2 Scott Court, Farrar 0830

  • Building Area 2,100 m²
  • Sale Price Expression of interest

Prime development opportunity in Farrar

Highlights

  • 7 townhouse spaces
  • 2,100sqm on title

Description

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


2 Scott Court 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 2,100sqm on title.

With the property measuring 2,100sqm and under the NT planning scheme, the property allows for seven townhouses with yard and patio areas. The current plans allow for seven, 2 bedroom, 2 bathroom units. Each unit receives 2 covered parking spaces and the average units living area is 128sqm with a 15sqm patio and a 42sqm yard area.

The property represents a great opportunity for developers and investors to acquire a quality LMR site in Palmerston. The site comes with development concepts prepared (subject to planning approval) and design layout as shown in the property pictures. There are also opportunities for a single house or multiple houses on the parcel.

For Sale by Expression of Interest, closing 4pm Wednesday 25 August 2021 (unless sold prior)

For more information Please call Sam Moore 0484 923 077 or Lee Doyle 0403 348 243.

Zoning Medium Density Residential Council

City of Palmerston

Tenure

Vacant

Pricing

All prices are indicative plus GST (if any).

Building Area 2,100 m²
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