64-66 Frances Bay Drive, Stuart Park
Contact Agent
overview
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1P2076
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Development
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For Sale
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31200 sqm
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31200 sqm
Description
PRIME WATERFRONT PROPERTY LEASED INVESTMENT WITH DEVELOPMENT POTENTIAL
McGees Property proudly presents 64 Frances Bay Drive Stuart Park - a prime waterfront property on the edge of Darwin City.
The commanding 31,200m2 land parcel features over 300M of water frontage facing directly onto Frances Bay. Current owners have invested heavily fully reclaiming the site, installing new retaining sea walls upgrading the ship lift facilities.
The property will be sold with a secure long term lease to NT Marine Facility which provides a stable income stream while having the flexibility of a redevelopment clause in favour of an owner.
The land has SD10 & SD9 zoning which enables a variety of future uses which truly leverage the premium waterfront position. Conveniently located between Tipperary Waters Marina and Darwin CBD, development versatility and future potential is exceptional.
For Sale by Expressions of Interest Closing 4pm (ACST) Thursday 25th July 2024
The commanding 31,200m2 land parcel features over 300M of water frontage facing directly onto Frances Bay. Current owners have invested heavily fully reclaiming the site, installing new retaining sea walls upgrading the ship lift facilities.
The property will be sold with a secure long term lease to NT Marine Facility which provides a stable income stream while having the flexibility of a redevelopment clause in favour of an owner.
The land has SD10 & SD9 zoning which enables a variety of future uses which truly leverage the premium waterfront position. Conveniently located between Tipperary Waters Marina and Darwin CBD, development versatility and future potential is exceptional.
For Sale by Expressions of Interest Closing 4pm (ACST) Thursday 25th July 2024
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