Landmark Development Site
LOT 7103 BIDDLECOMBE ROAD, COOLALINGALocated in a prime position to benefit from the fastest growing catchment in the NT.An incredible opportunity for a long term land banker to acquire a significant Multi Zone parcel for the future.Zoned for future residential development at varying densities.Located adjacent to Coolalinga Central, a major sub-regional shopping centre anchored by Coles and Kmart.Land Area & planning scheme zoning breakdownMedium Density Residential (MR) Zoned land apportioned as 25%15,825 square metresResidential apartments generally up to four storeysLMR Zoned land (LMR) apportioned as 27%17,091 square metresResidential units/townhouses generally up to two storeysPublic Open Space (PS) Zoned land apportioned as 33%20,889 square metresPublic open space enriches the amenity of the surrounding area and primarily caters for the informal outdoor recreation needs of the communityEg - BBQ area, landscaped grounds, communal pool, kids playground, lake, walking tracksLow Density Residential (LR) Zoned land apportioned as 15%9,495 square metresIndividual HousesTotal area on title 63,300 square metresHolding CostsLitchfield Council Rates: $1,610.93 per annum