220 Collins Road, Uralla NT 0852

4 bed on 22.8 acres | Katherine LGA | no overlays | high confidence value ~$1.16m | reliable satellite NBN The property’s primary strength is its rare combination of a substantial 9.23 hectare lot with residential classification and no bushfire, flood, or heritage constraints-an unusual configuration that offers genuine scarcity in the Katherine market. The six carport spaces, workshop, and shed extend utility beyond standard residential use, making this most suitable for buyers requiring significant storage, hobby farming, or home-based trade operations. The estimated value at $1.16 million with high confidence and potential rental income of $635 per week suggests the property is priced near the top of its bracket, which positions it as a hold for capital growth rather than a yield play. The key risk is the conflicting market status-listed as for sale by expression of interest in March 2022 yet also reported as not currently on the market, introducing uncertainty about genuine seller motivation and whether the price expectation remains realistic. The lack of sales or rental history means comparable evidence is thin, and the reliance on satellite internet and 4G mobile may limit appeal for remote workers despite being functional. For a buyer, the opportunity lies in negotiating from a position of caution given the ambiguous listing status, and the property should be held as a long-term lifestyle block where the land value and absence of overlays provide downside protection rather than expecting rapid appreciation.