12 Dinah Beach Road provides an exceptional development opportunity positioned just minutes from the Darwin City Centre.
The site is located at an equal distance from both Tiger Brennan Drive and Stuart Highway which enables excellent versatility for access and connectivity for nearby amenity. In recent years there has been a concentration of residential development in the adjacent Ruddick Circuit area of Stuart Park which has activated the location considerably.
While the current zoning of the land is General Industry ( GI ), this is considered to be a legacy zoning. * The site is now covered by the Central Darwin Area Plan that is likely to see the site rezoned to either High Rise ( HR ) and or Medium Rise ( MR ) zoning. Rezoning to a combined HR and MR zoning will potentially allow the development of up to 180 residential units on the property.
Confidence in the Darwin Economy is growing at a rapid pace. 12 Dinah Beach Road is well positioned to cater for the future development demand that will come with anticipated growth.
* Comments relating to re-zoning are all subject to Statutory Approvals.
Key Features:
*14,000m2 Parcel
* Potential for favourable rezoning
* Relatively flat profile
* Convenient access to Tiger Brennan Drive & Stuart Highway
* Excellent development potential
For further information please contact Craig Inkster or Chris Hyland
