29 Haddock Street, Tennant Creek NT 0860

LR zoning on 1019sqm | 82sqm floorplate needing work | solar and tank included | Tennant Creek market The buying case rests on the land-to-improvement ratio. At 1019sqm with low-density residential zoning, the lot commands the majority of the asking price, while the 82sqm house is effectively a handyman proposition. The solar array and rainwater tank reduce ongoing holding costs, which matters in a remote market where utility bills run high. This property suits a buyer who can tolerate deferred maintenance and wants a foothold in Tennant Creek at a low entry point – either as a long-term hold on appreciating land or as a rental for workers in the mining and services sector. The primary risk is the condition gap. The house is listed “as is” and the 8% building coverage suggests the existing structure is undersized for the block, meaning any serious renovation or extension will require council approvals and significant capital. The 1999 and 2021 private sales with no public price history make benchmarking difficult, and the lack of a formal valuation reflects thin local comparables. On the opportunity side, the commercial listing tag hints at possible dual-use flexibility, and the absence of flood, bushfire, or heritage overlays reduces surprise costs. Hold the land, treat the house as a functional shell, and budget for certification work before full occupancy.