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About this property
Set across an extraordinary 180 acres in the heart of Darwin River, this rare rural holding delivers scale, income and Territory history in one remarkable package. Home to the historic railway bridge and framed by sweeping natural surrounds, 40 Spencer Road offers a unique opportunity to secure a substantial lifestyle property with established income already in place. Approximately 1,350 mango trees are currently leased, returning $30,000 per annum + GST, creating an attractive passive income stream from day one. The elevated residence captures the essence of rural Territory living, featuring three bedrooms and one bathroom upstairs, complemented by an additional bedroom and bathroom downstairs ideal for extended family, guests or flexible living arrangements. With two separate entry points, the property offers excellent accessibility and future potential for a range of rural, lifestyle or agricultural pursuits. Land offers plenty of high and dry country regardless of the wet season. Adding further appeal for investors, the home has an estimated rental appraisal of approximately $850 per week. Whether you are seeking a private rural retreat, productive landholding or an iconic lifestyle property with character and history, this is a truly rare offering in the Darwin River region. Expansive 180-acre rural holding Historic railway bridge on the property Parcel of land is both sides of the Darwin river Approximately 1,200 leased mango trees Returning $30,000 per annum + GST Great bore water servicing the property Estimated rental appraisal of approximately $44,000 ($850 per week) Total annual estimated income of approximately $74,000 Elevated home with flexible dual-level living Expansive views from balcony including the Darwin River Dam spillway 3 bedrooms, 1 bathroom upstairs 1 bedroom, 1 bathroom downstairs Two separate property entry points Exceptional lifestyle, agricultural and investment appeal Private fishing spots along the Darwin River including from the old railway bridge Potential for Real Estate growth in the area due to the lithium mine (Core Lithium) Council Rates: $1,549 per annum (approx.) Area Under Title: 64 hectares 2300 square metres Zoning Information: R (Rural) Status: Vacant Possession Easements as per title: None found
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 10
- Listed
- 1 week ago
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