409 Hendry Road, Cossack NT 0850

Rural holding | 655ha fenced | two bores | 10min Katherine | no overlays This property offers a rare combination of scale and proximity – 655 hectares fully subdivided into six paddocks with two bores, sitting just ten minutes from Katherine’s town centre. For a buyer seeking operational livestock capacity without isolation, that edge is uncommon in this market. The 874m² building footprint is modest relative to land size, but the absence of bushfire, flood, or heritage overlays removes constraints that typically complicate rural development or subdivision. The property suits a grazier wanting immediate turnkey infrastructure or a buyer positioning for longer-term rural-residential demand given the high owner-occupier rate on the street. The main risk is the lack of recent sales evidence on Hendry Road and no NBN connection confirmed – both introduce valuation uncertainty and may limit resale liquidity for a non-farming purchaser. However, the water security from two bores and the fenced paddock layout reduce operational risk for livestock use. A buyer should commission a bore yield test and confirm 4G reliability as a primary connection. Hold for grazing income or hold for future rural lot subdivision potential if zoning permits – the lack of overlays makes that path less speculative than most.