6 new CB zoned lots for sale
With frontage to Garramilla Boulevard and bordering valuable open space on the Eastside of the city is a new subdivision of 8470 square metres of Central Business Darwin zoned land.
Identified as the ‘Precinct on Garramilla Boulevard’ this land has been divided into six Torrens Titled allotments ranging in size from 1220 to 1680 square metres in area to suit entry level small to medium hi-rise projects, or for large scale development. These affordably priced allotments are accessed from a new culs de sac road, Ryko Court. This new road leads off Harvey Street (a street that has seen tremendous change in recent years with the development of a number of new hi-rise apartments buildings and converted warehouses), and is very close to the intersection of Harvey Street with Garramilla Boulevard providing convenient access to this important new road.
Offering outstanding Darwin Harbour and city skyline views from this elevated land these fully serviced allotments are complete and ‘shovel ready’ for building works to commence. Services to the lots have been designed to accommodate projects of around 60 units on each site, although opportunities for greater yield are also possible. Excavation for basement parking has already been undertaken on most of the allotments and finds sound geotechnical conditions for building.
Current planning approval for a 62 unit residential project on one of the lots confirms the development potential of these sites, and a proposal for a mixed use tower over two of the sites (that was recently designed for a NT Health tender) demonstrates the opportunity for a ‘statement’ building to be built on this land.
The ‘Precinct on Garramilla Boulevard’ subdivision is a comfortable walking distance from central city retailing and eating facilities, and allows convenient access to restaurants and recreation in the nearby Wharf precinct. It is also strategically positioned in relation to planned (and constructed) walkways, cyclepaths, open space corridors, recreational areas and public transport routes incorporated in the Darwin masterplan, making it ideally suited to residential living or business uses.
Good road frontages to the property provide an openness to this site that is typically not available with other CBD properties, and this helps to ensure that the current commanding views from the land are maintained into the future.
All Precinct on Garramilla Boulevard allotments are available for immediate purchase. Further information can be obtained via the web-site or by contacting the Australian Property Projects Adelaide office on 08 84192100.
The following link shows drone photography taken from directly above the Precinct on Garramilla Boulevard land.