35 Henning Road,
Coolalinga, NT 0839

With a UCV of $2.3 Million this property represents a valuable development opportunity and is being offered to the market well below the Unimproved Capital Value of the block as determined by an independent valuer. All reasonable offers will be considered, so be quick.

Large corner block suitable for development located within Coolalinga which is the business hub for the Litchfield region which is home to some 22,000 people. This site is perfect for those looking to build their own business premises, or as an investor to develop the site as an income generating complex.

The commercial zone within Coolalinga is already home to a number of shopping centres, service stations, fast food outlets, shopfronts and warehouses. Leverage off the success and marketing of this region from the many national brands that do business here. Notable national brands include Coles, Kmart, Woolworths, McDonalds, KFC, Hungry Jacks, Pizza Hut, Subway, Commonwealth Bank, ANZ, Australia Post, Chemist Warehouse, Caltex , Shell and Ampol.

This site is essentially a commercial site with a number of specific provisions to try and maintain the amenity of the area for the rural neighbours. These provisions include but are not limited to:

• Lower density permitted when compared to a regular commercial zoned block
• A 10m landscaped buffer is to be planted and maintained around the perimeter of the property
• A solution to manage the runoff of stormwater from the site

These provisions are covered in the special zoning “SL7” which is available on request. reference.
There was a development application which was approved on this site back in 2017 which has now expired. This is a good indication that there are solutions to cover off on the special requirements for the site. The approval is just an example of what has previously been approved and not the only use permitted on the site, so if you had something different in mind for the site, that is perfectly fine and you would submit your own application on that basis.

This is an exciting property with some great potential, make contact today and don’t miss out.