102 Bonson Terrace, Moulden NT 830

On behalf of the Northern Territory Government for sale as a Crown Lease convertible to free hold once developed, this rare development block is now for sale at auction.

Zoned MD - Multiple Dwelling, this site has great potential, however the crown lease calls for a minimum of 8 dwellings although the site can handle greater density giving the developer plenty of flexibility. Located across the road from the Moulden Park Primary School this is a rare vacant block in an established suburb and represents an outstanding development opportunity. With easy access to Elrundie Avenue, and close proximity to Moulden Park Primary school, the Archer Sporting complex and Palmerston Leisure Centre, this development site offers great potential with enough room to leave your mark with a significant development. The lengthy crown lease allows plenty of time for pre-sales if required.

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

* A Minimum of 8 dwelling 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

For your copy of the info pack please contact Rob Higgins.