170 Zimin Drive, Cossack NT 0850

Rural block near Katherine | 35.86ha | no overlays | 5km to township The property’s competitive strength lies in its size and proximity-35.86 hectares within 5 kilometres of Katherine Township is rare for the price range. With no bushfire, flood, or heritage constraints recorded, the buyer avoids costly remediation and gains a clean slate for rural use, whether holding for future subdivision potential or immediate lifestyle occupation. This configuration best suits a buyer seeking land banking near a growing regional centre, or a self-sufficient household wanting space without isolation. The absence of recorded improvements and zero-bedroom classification means the buyer effectively purchases raw land, requiring full development capital for any dwelling. Comparable sales on Zimin Drive suggest the $650,000-plus asking sits above historic benchmarks, implying a premium for location and size rather than existing utility. The opportunity is to negotiate from a position of limited recent transaction evidence, using the 2002 sale as a long-term floor. Hold this property as a vacant rural block until Katherine’s outward growth triggers rezoning or demand lift, or develop it immediately for owner-occupation if budget allows.