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340 Florina Road

Cossack NT 0850

675000 m²
Rural
Currently for sale - view listing

Overview

Residential Subdivision Development Opportunity

Positioned just five* kilometres from Katherine Township, the property presents an exceptional opportunity to secure a substantial 65* hectare landholding primed for lifestyle acreage subdivision. A well-considered subdivision proposal is already in place, with approval anticipated prior to settlement. The proposal comprises four 8* hectare lots, fourteen 2* hectare lots and one 3.5* hectare lot, offering flexibility to cater to strong demand for rural residential living in this tightly held area. The property is thoughtfully prepared for development, featuring a formed internal road extending from Florina Road, providing access throughout the estate to each proposed lot. Power has been provisioned to each allotment via a transformer within the subdivision, running underground to the property boundary along Florina Road (not yet connected). Water infrastructure is also in place, with a 300,000* litre tank currently servicing the property. Upon full development, water supply will be delivered directly from the bore to each lot, with the tank retained as a backup. Both water and power have been provisioned to each lot, streamlining the path to development. Located along the highly regarded Florina Road, the property enjoys convenient access to Katherine Township, where a full range of essential services are available, including schools, childcare, medical facilities, hospital services, supermarkets and a domestic airport with regular flights to Darwin and Alice Springs. A school bus stop along Florina Road further enhances accessibility for families. Combining scale, existing infrastructure and a highly desirable location, this is a compelling opportunity to capitalise on the growing demand for rural lifestyle living just minutes from Katherine. Key Features: - 65* hectare landholding in proximity to Katherine Township - Subdivision proposal for 19 lots - Formed internal road providing access throughout the development - Power and water provisioned to each proposed lot - 300,000* litre water tank plus bore supply planned for direct connection - School bus stop on Florina Road - Convenient access to schools, hospital, shops and airport *Approximately

Features

675000 m² lot size
Rural

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