Knight Frank is pleased to offer to the market 12 Dinah Beach Road, Darwin City. Situated on the edge of the Darwin CBD and bordering the popular inner-city suburb of Stuart Park this 14,000sqm site has enormous development potential.
Currently zoned GI - General Industry the site comes under the Central Darwin Area Plan which identifies this site as having the potential for re-zoning and greater densification including the potential for MR - Medium Density and HR - High Density with a potential yield of in excess of 300 apartments.
The site is very well located and sits between the Stuart Highway and Tiger Brennan Drive so has excellent access to Darwin's' two main arterial networks. The site is approximately 1km from the Darwin GPO.
The Northern Territory economy is very strong with major growth areas in mining, gas, tourism, defence and other significant projects such as:
• $20 billion in Defence spending
• $36 billion in reserves at the Beetaloo Basin
• $30 billion Sun Cable Australia-Asia Power link
• $400 million Darwin Ship Lift Facility
Now is the time to take advantage of the future growth projections for Darwin and the Northern Territory. 12 Dinah Beach road offers a unique purchasing opportunity to capitalise on the bright future for the Top End.
For further information or for a personal presentation please contact Knight Frank directly on 08 8982 2500 or the agents involved in the sale.
Matthew Knight - 0413 058 020
Michelle McRae - 0448 882 399
Peter McVann - 0412 833 276
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