On behalf of the Northern Territory Government for sale by auction as a crown lease convertible to free hold, this rare development block is now available.

Zoned MD – Multiple Dwelling this site would comply to build up to 5 dwellings on site. Located just a short stroll from the Karama shopping centre and Karama Primary School this is a rare vacant block in an established suburb and represents an outstanding development opportunity. Recent developments in the area have been retained by the developers to capitalise on great rental yields, however the development would also suit a build and sell option as the area has an appetite for new stock.

The auction is being held at the Darwin Convention Centre at the Darwin Waterfront on the evening of the 2nd of October 2013 with the Auction starting at 6pm Sharp. All registrations for the auction must be in place by the day prior to auction. Make contact with Rob Higgins for a copy of the Crown Lease and/or conditions of auction.