15 Schaber Road, Connellan NT 0873

Good sized block | solar and pool already there | rental demand steady | no recent comparable sales The principal risk here is price discovery — with no recent sold data for the street and limited local comparable sales for five-bedroom houses on large blocks, you carry the burden of setting the market. The opportunity is exactly that: you can negotiate from a position where the seller has no clear comparable evidence either, and the long-term ownership profile on Schaber Road suggests low turnover means patient buyers get the eventual upside. On a 1.97-hectare lot with nine garages and three living areas, this is a hold-and-enjoy property, not a flip. It serves self-funded retirees or remote workers who value space and want to lock in operating costs via solar and pool infrastructure. What makes this house structurally rare is the combination of a nine-metre roof height, 1,190 square metres of building on only six percent site coverage, and 11 car spaces — that is essentially a small compound with residential zoning. The wraparound verandah and views strengthen the live-in appeal for someone who works from home or manages equipment. The demographic skew toward older long-term owners in the street (80 percent) and limited rental vacancies suggest the property also suits a buyer who eventually wants to income-split or use it as a dual-occupancy holding. If you can confirm the building envelope allows subdivision or granny flat addition via council, the passive value step-up becomes material. Two five-bedroom houses sold in Connellan this year for around the mid-to-high $1.3 million range; this property sits slightly above that but compensates with solar, pool, and triple the average block depth. If you can secure it toward the lower end of its price range, the value inference is that you pay a small premium for ready-to-use infrastructure but avoid finding or building it yourself. The next step is to call the listing agent and ask for the vendor’s reason for selling and whether a building and pest inspection has been done — that alone will tell you if the price has real give.