1 Lind Road, Johnston NT 832

For sale as a Crown Lease convertible to free hold once developed, this rare development block is now for sale.

Zoned C - Commercial, This lot is being re-released with additional service capacity facilitating a highest and best use development, and is ideal for either a commercial development or a mix of commercial & residential. There is great residential density in the immediate area to support the development. This site sits on the corner of Farrar blvde which is the main road for the suburb, and has a large park with play equipment situated across the road. The Crown Lease only requires a minimum of 800m2 of floor area. Commercial blocks in suburban areas are hard to come by so make sure you get involved.

Some general lease conditions include (but are not limited to)

* A Minimum of 800m floor area to be constructed
* Build permit to be issued within 12 months
* Construction to have begun within 24 months
* Construction to be completed within 35 months