115 Ivanoff Road, Cossack NT 0850

Rural lifestyle | custom concrete build | 8.2 ha | self-contained granny flat The property’s strongest buying case lies in its purpose-built design for dual-use living, with the main house separated from a furnished granny flat, offering immediate rental income or multigenerational accommodation rarely found in one lot. The concrete formwork construction reduces long-term maintenance, while the central breezeway and polished concrete floors create a durable, low-upkeep interior suited to the climate. This configuration serves buyers seeking a working rural retreat with tenant or family separation, particularly those wanting to offset holding costs without subdividing. The primary risk is the 15-minute distance from Katherine, which may limit resale appeal to buyers specifically seeking remote acreage rather than commuter convenience. The 2003 sale date suggests limited recent market evidence, so pricing relies on current listings rather than transactional data. The satellite-detected building size carries 80% confidence, meaning actual square footage should be verified. For a buyer, the granny flat offers a clear income stream from May 2026, and the shed supports equipment storage or workshop use. Hold this property as a lifestyle base with a rental offset, not a short-term flip.