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340 Florina Road, KatherineExpression of Interest
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340 Florina Road

Katherine, NT 0850, Australia
EOI
67.5 ha

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About this property

Positioned just five* kilometres from Katherine Township, the property presents an exceptional opportunity to secure a substantial 65* hectare landholding primed for lifestyle acreage subdivision. A well-considered subdivision proposal is already in place, with approval anticipated prior to settlement. The proposal comprises four 8* hectare lots, fourteen 2* hectare lots and one 3.5* hectare lot, offering flexibility to cater to strong demand for rural residential living in this tightly held area. The property is thoughtfully prepared for development, featuring a formed internal road extending from Florina Road, providing access throughout the estate to each proposed lot. Power has been provisioned to each allotment via a transformer within the subdivision, running underground to the property boundary along Florina Road (not yet connected). Water infrastructure is also in place, with a 300,000* litre tank currently servicing the property. Upon full development, water supply will be delivered directly from the bore to each lot, with the tank retained as a backup. Both water and power have been provisioned to each lot, streamlining the path to development. Located along the highly regarded Florina Road, the property enjoys convenient access to Katherine Township, where a full range of essential services are available, including schools, childcare, medical facilities, hospital services, supermarkets and a domestic airport with regular flights to Darwin and Alice Springs. A school bus stop along Florina Road further enhances accessibility for families. Combining scale, existing infrastructure and a highly desirable location, this is a compelling opportunity to capitalise on the growing demand for rural lifestyle living just minutes from Katherine. Key Features: - 65* hectare landholding in proximity to Katherine Township - Subdivision proposal for 19 lots - Formed internal road providing access throughout the development - Power and water provisioned to each proposed lot - 300,000* litre water tank plus bore supply planned for direct connection - School bus stop on Florina Road - Convenient access to schools, hospital, shops and airport *Approximately

Property Details

Property Type
house
Listing Type
For Sale
Land Area
67.5 ha
Listed
1 month ago

Repayment calculator

$1,915/month
$957 /fortnight
Loan $316,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$79,000
Stamp duty$19,553
Conveyancing (est.)$2,000
Total upfront$100,553
Verify with NT revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Katherine

This house in Katherine, NT 0850 sits within reach of public transport, local shops and nearby schools.

Schools near Katherine

  • Katherine School Of The Aircombined · T-9 · CoEd
  • Kintore Street Schoolcombined · T-12 · CoEd
  • St Joseph's Catholic Collegecombined · T-12 · CoEd
  • Clyde Fenton Primary Schoolprimary · T-6 · CoEd

What's nearby

  • Unnamed (bus)5.8 km away
  • OTR6.7 km away
  • Unnamed7.4 km away
  • Unnamed7.4 km away
  • Unnamed7.5 km away

Katherine at a glance

Full suburb profile
Population
1,254
Median age
34
Household income
$2,053/wk
Median rent
$360/wk
Median mortgage
$1,408/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Katherine price trend

Median sold · House 3 bed

Compound growth +0.4% / yr over 4 yrs

$355kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Katherine market

Within 5km

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