$230,000

1 Bed  •  1 Bath  •  2 Car  •  15900000m²

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$230,000

  • 1
  • 1
  • 2
  • 15900000m²

Rural Property for sale20 days on Homely

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Rural Property description

“PARADISE BY THE FINNISS RIVER - ACCESS TO NEARLY 16 SQUARE KILOMETRES OF BUSH WITH 7 KILOMETRES OF RIVER FRONTAGE”

The Phone Code for this property is: 61734. Please quote this number when phoning or texting.

Following the fantastic Wet season rains this year, inspection visits can be arranged from April 2026, FOR
GENUINE INTERESTED PARTIES ONLY.

One of 11 shares in Section 9 Hundred of Milne (covering 12/130th of the tenants-in-common Northern Territory Freehold title). Ownership of 9% of Section 9 Hundred of Milne, with access to 1,500 hectares of beautiful bushland and river.

The Finniss Consortium manages Section 9 Hundred of Milne which is 1,590 hectare (almost 16 square kilometres) in area, the southern boundary being 7 km of Finniss River frontage near Bynoe , 110 km by bitumen road from Darwin. The land boundaries are fully fenced with firebreaks maintained each year.
It is on NT freehold title with 11 shareholders as tenants-in-common i.e. all shareholders have use of all the property under a Management Agreement drawn up 35 years ago, with exception of reserved areas agreed by 75% of shareholders for individual development such as residences and sheds. There are currently 6 reserved areas across Section 9, less than 1% of the property.

Under the Management Agreement, the only decision requiring 100% agreement amongst shareholders would be sub-division. One such proposal was made 10 years ago and failed to be adopted.

The title of Section 9 was converted to freehold in 1994 for recreational, conservation, control of feral pests, and small-scale agriculture purposes. Since then, shareholders have established many roads and tracks around the varied land types - flood plains, rain forest, savannah scrub, grassed areas - allowing easy access to observing the wildlife with which we share the area. Over 400 hectares of Mimosa have been cleared and grasslands restored, pigs have been shot, and buffalo have been introduced since Section 9 was established.

The Finniss River has lots of barra and other fish, and both fresh and saltwater crocodiles. The flood plains are home to thousands of birds in the Wet, including jabirus, brolgas, bustards, egrets, geese, brahmini kites and sea eagles, while dingoes, emus and wallabies shelter throughout. There are pairs of wedge tailed eagles that soar overhead regularly.

The Finniss Consortium is the body that represents the shareholders. Section 9 is outside any Local Government area and therefore has NO rates to pay. The Consortium sets an annual levy to cover costs of maintaining fences and firebreaks. That levy has been $300 per share for the past three years, and the Consortium has over $15,000 in a bank account to cover Section 9 expenses, including for an old tractor which is used by active shareholders to maintain firebreaks and roads.

Consortium improvements -ALL SHAREHOLDERS

14 km of perimeter fencing and three main gates were built initially and have been maintained since by the Consortium. There is a main road from the top fence, some 6 km of all-weather quality established in 1991, and an estimated 40 km of dry season tracks throughout the property.

Over 20 km of firebreaks have been established and are maintained to meet Bushfires NT standards. Clearing the main firebreaks is funded from the Consortium's bank account in May each year.

There are two wetlands on Section 9, known as Piggy Wiggy and Hidden Jewel. These were totally covered in Mimosa when Section 9 was purchased by the Consortium, and over a thirty-year campaign of spraying, clearing, burning then follow up spraying, over 400 hectares have been cleared. Some regrowth around Hidden Jewel is under planning consideration for spraying and removal over the coming Dry Season. Money for this project is included in the Consortium's bank account.

Sales summary:

Vicki Stokes sold her share to new Consortium members in August 2025, and Gary Swanson has sold the Plant and Equipment from both shares this year. Gary has his land share for sale here. After 35 years of enjoying the Block, whether fishing, bird watching, spraying Mimosa, exploring in the buggies, or just relaxing in the quiet of the rain forest, we recognise that we don't have the energy to do as much as we used to, so this sale offer is genuine and fairly priced.

The nominated cash price for Gary's share is $230,000. The whole of Section 9 was valued at $2,500,000 in July last year. Gary's share (12/130th of Section 9) is therefore valued at $231,000.

Please note there are no buildings included with this sale.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Land details

Area: 15900000m²

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