Unique Opportunity

Fully serviced and ready to go

The ‘Precinct on Garramilla Boulevard’ subdivision is currently the only vacant, fully serviced development land available for sale that offers affordable development sites with frontage to the new gateway entrance road into Darwin City.

HPJV land d Sept19

Now that the new road is complete past the land the high quality of this position is evident.

The elevation of the Precinct on Garramilla Boulevard land, the ‘Boulevard’ status of the road and the outstanding landscape treatment have transformed this corner site into a highly desirable location for businesses seeking exposure to passing traffic, or just wanting great views of Frances Bay. It is easy to picture exclusive retailing, ‘gateway status’ offices, prestige hotels and residential buildings on this very prominent site.

Projects that include high profile showrooms and shops, medical facilities and specialist’s offices, child-minding and early learning centres, and private or government office space are among the range of land-uses that could work in this unique location.

And the open nature of the site provides hotels, serviced apartments and permanent residents with both a unique address and uninterrupted city and harbour views.

Darwin’s Eastside is already changing quickly, and when the new road is fully complete it is predicted that developer interest in securing land with an exclusive  ‘Boulevard address’ will escalate. With limited sites available for development along this route and a range of businesses that might need to consider re-locating from Stuart Highway or Daly Street to re-capture passing traffic exposure, it is expected that the capital value of ‘Precinct on Garramilla Boulevard’ allotments will rise accordingly.

HPJV land c Sept19

Darwin’s future looks sound with many new small, medium and large projects either commenced or soon to commence, and these will open up significant employment opportunities both in the near term and for future years (see also sections on Northern Territory Major Projects, and draft Central Darwin Area plans for further information).  

The ‘Precinct on Garramilla Boulevard’ land is considered to represent sound, strategic investment purchasing for the long term growth of Darwin.

barneson panorama 2