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50 Thorak Road, Knuckey Lagoon NT 0828

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$9M - $10M Medium Confidence Calculated based on our search observations.

Land 26 Beds 412 Baths 64.6 acres

Listed: 32 days ago

Updated: 9 hours ago

Overview

This rare and substantial rural land parcel offers an exceptional opportunity within Knuckey Lagoon, an area known for its tightly held rural-residential character close to Darwin city. Comprising two adjoining allotments with a combined total land size of approximately 26.13 hectares (64.56 acres), this undeveloped land represents one of the largest holdings available in the region, making it highly appealing for those seeking expansive rural living or considering subdivision and potential rezoning opportunities.

The property benefits from extensive frontage and access along Thorak Road and Klaus Road, with additional prominent exposure to Stuart Highway and McMillans Road. The cleared and undeveloped nature of the land offers a blank canvas with significant versatility, while the extensive street frontages provide low traffic access, enhancing the appeal for rural living or development projects. Zoning is designated as R - Rural, which supports a range of rural and residential uses, offering strong potential for subdividing or reconfiguring the land to suit various aspirations.

With its proximity to Darwin and the practical advantage of multiple road frontages, this expansive site presents a unique proposition for buyers interested in large-scale rural residential development or investment. The land’s size and location will particularly attract purchasers prioritizing space and privacy, as well as developers assessing growth in the Northern Territory’s rural housing market.

Local Market Insights

In Darwin, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $403,978. The property type mix of listed properties is predominantly Houses at 60%, followed by apartments (16%), and units (15%). The most active agency for land in the Darwin area is currently Acacia Realty, representing 25% of new listings, followed by Real Estate Central with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.