26 Gulnare Street, Millner NT 0810

Modern build on 940sqm | drainage easement noted | 5-bed, auction Tuesday | Millner infill scarcity This property’s competitive edge lies in its rare combination of a near-new 2018 build on a deep 940sqm block within an established suburb where such land parcels are increasingly subdivided. For a buyer seeking a generational family home or a hold-and-subdivide play, the configuration offers immediate liveability with latent land value. The floor plan suits a multi-generational household or a buyer wanting separate zones for work and living. The drainage easement reduces developable area but does not compromise the house’s footprint, and the auction format suggests the vendor is motivated to transact within a defined timeline-this can favour a prepared buyer who has done due diligence pre-auction. The primary risk is the drainage easement to the Northern Territory Government, which may limit future subdivision or extension options and could affect resale appeal to developers. Buyers should confirm the easement’s exact location and any encumbrances on title. The minor inconsistencies across listings (bathroom and parking counts) indicate possible agent error rather than physical differences, but a building and pest inspection is non-negotiable. The 30-45 day settlement is tight but workable for a cash-ready or pre-approved buyer. Hold this property as a long-term family residence with a view to selling the land component separately if zoning permits-otherwise, it performs as a low-maintenance, high-land-content home in a supply-constrained market.