5 Virginia Road VIRGINIA NT 0834
$3,200,000
SUMMARY
Rare Development Opportunity
PROPERTY DETAILS
- Price
- $3,200,000
- Listing Type
- Residential For Sale
- Property Type
- Land
- Method of Sale
- For Sale
DESCRIPTION
Located on the corner of the Stuart Highway and Virginia Road and just a hundred metres or so from the Coolalinga shopping precinct and new residential development sits this virgin 5 acre (20000 square metre) allotment just waiting for someone to put it to use.Its location lends itself to all manner of exciting possibilities with Palmerston just down the road, Coolalinga next door (and the new township of Weddell to be constructed to the south) and being surrounded by a fast growing population.
The advent of extensive projects such as the multibillion dollar Inpex gas deal (underway now) and others due to follow in a short space of time make sites such as this ideal to develop.
It is common knowledge that this type of site is rare and can't be recreated. It is also common knowledge that the Top End is set to experience huge growth and associated activity over the next decade.
Statistics have proved to both Woolworths and Coles that the area is of major importance and this site offers huge potential to the entrepreneur.
Contact Morgan Shearer (Reveal Phone)
INFORMATION
- New or Established
- Established
