Knight Frank is pleased to announce the release of several development sites in Palmerston CBD. Never offered to the market before these development sites are being sub-divided from the parent parcel Lot 11498 Maluka Drive, Palmerston CBD.
It is perfectly located on the edge of the CBD and adjacent to the new Rydges Hotel Palmerston. The sub-division is still to be completed so Titles are not expected until November 2016 so it offers the perfect opportunity to secure a development site today and not have to settle on it for over 12 months.
Lot 1 is being retained by the developers and Lots 2 and 3 as depicted on the plan have already been sold. But we still have some great opportunities available:
- Lot 4 - Zoned HR - 3,081.90 sqm. Priced at $2,000,000 plus GST.
- Lot 5 - Zoned MR - 2,026.80 sqm. Priced at $1,050,000 plus GST.
- Lot 6 - Zoned MR - 2,258.50 sqm. Priced at $1,150,000 plus GST.
We also have 4 smaller lots of circa 600sqm which have the equivalent zoning of Single Dwelling (SD).
Unbelievably well priced CBD land never offered to the market before and in a fantastic CBD location giving any planned future development incredible selling features:
- Two minutes' walk to the cinemas and shopping!
- Five minutes' walk to Palmerston library and Civic Centre!
- Easy access to Charles Darwin University - Palmerston campus!
- Palmerston's best restaurants at your doorstep!
- Close to the Palmerston Water Park and Skate Park - great for the kids and families!
For more details, please email agent