15 Grice Cres, Coolalinga NT 0839

Vacant land 1,740sqm | Grice Crescent Coolalinga | Under offer market signal | School catchment edge | Duplex potential The property’s primary advantage is its land size-more than double the typical 801sqm block on this street-which immediately positions a buyer with options not available to neighbours. This parcel suits a developer or investor seeking to build a dual-occupancy or large family home in a corridor where comparables show strong rental demand near $720 weekly. The school catchment for Howard Springs Primary and Taminmin College adds a stable buyer pool. For a buyer able to hold through construction, this land offers scarcity value in a market where nearby duplexes and houses trade from $565,000 to $844,000 on smaller lots. The absence of sale price, floor plans, or development approvals introduces uncertainty that must be priced into any offer. A buyer should verify zoning allowances for subdivision or dual dwellings before committing, as the current residential use may limit yield. The “under offer” status signals competition but also means the window for due diligence is narrow. No bushfire, flood, or heritage overlays reduce headline risk, and NBN FTTP is a practical bonus. For a buyer, this property is best held as a build-and-hold land bank or a low-density development site, not a quick flip.