You will not find a better value residential block on the market this close to the city. All reasonable offers will be considered so don't miss the opportunity to secure a blue chip piece of land.
Frances Park Estate is one of Darwin city's most exclusive residential land developments. On offer is one of the few remaining top-level blocks, which allow you to build 3 levels. Not only will you have 180-degree views of the city, but you will also have stunning view of the harbour. The other key benefit of this block is that it backs onto parkland with no direct neighbours behind the property, only the lots to the sides.
- No Easements
- Split-level block allowing you to build 3 levels
- Panoramic views of the city skyline and harbour
- Backs onto landscaped parkland
- Live at the top of the hill and never have your views ruined
- No adjoining neighbours behind property
- Minutes from CBD, schools, shops, restaurants and parks
- Plans drawn up for block and are available upon request
Investors should note rents in the area are extremely strong, with houses on the top level achieving as much at $1,500 per week, while properties on the lower blocks are fetching up to $1,200 per week. The demand for new, high quality executive properties this close to the city remains popular. With the majority of the blocks all built on, and the rate at which more blocks keep going up, the potential for capital growth over the next 5 years is enormous.
Situated central to many of Darwin's exciting attractions such at the billion dollar Convention Centre and Waterfront development, Gardens Golf Course, Mindil Beach markets, as well as the city's finest restaurants all within minutes. Design and build something special in one of Darwin's premier locations, nestles right on the fringe of the CBD.
Land Area: 576 sqm