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445 Chinner Road, Lake Bennett NT 0822

$615,000

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$615k - $646k Transparent Transparent Listing Based on an openly advertised listing price.

Land 85 acres

Listed: yesterday

Overview

This expansive 85-acre (34-hectare) parcel of land at 445 Chinner Road offers a rare opportunity for buyers seeking substantial acreage in the Lake Bennett region of Northern Territory. Dominated by two prominent hills and featuring an extensive 842 meters of foreshore on Lake Bennett, the site boasts natural beauty with features like caves, escarpments, and seasonal creeks that enhance its rugged appeal.

Well-improved infrastructure supports this sizeable block, including an all-weather access road wide enough to accommodate sizable vehicles, extending from the bitumen road up to panoramic vantage points on the second hill, overlooking Lake Bennett and the surrounding Coomalie regions.

A strategically drilled bore tested at 5 liters per second ensures reliable water access, an asset in this often challenging climate. Additionally, the one-kilometer bitumen road frontage provides potential for subdivision into four lots, subject to approval, making this an attractive investment prospect.

Landowners can enjoy direct lake access, including rights to build a 20-meter jetty and moor boats, with the added convenience of proximity to the Lake Bennett Resort, offering potential recreational and lifestyle benefits.

This property primarily suits buyers looking for a significant investment with development potential, nature enthusiasts seeking a private retreat, or those aspiring to build a distinctive homestead surrounded by natural landscapes and water views.

Local Market Insights

In Lake Bennett, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $615,000. The property type mix of listed properties is predominantly Houses at 71%, followed by land (29%). The most active agency for land in the Lake Bennett area is currently Property Investor, representing 50% of new listings. 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.