330 Casuarina Drive, Rapid Creek NT 0810

957m² lot with heritage overlay | FTTP NBN | 316m² building | multiple units on title The property sits on a large 957m² lot with a 316m² building and a heritage overlay, which gives it a rare positioning in Rapid Creek. For a buyer, the land-to-building ratio is strong, and the heritage designation limits future subdivision but protects against incompatible development nearby. This house serves best as a long-hold family residence or a dual-purpose hold with the existing unit income stream from the additional units on the same address. The key risk is the heritage overlay, which restricts renovation scope and may increase compliance costs. The multiple-unit structure on the same title adds complexity for financing and resale, though it also provides rental income diversification. The buyer should treat this as a land-centric hold, not a quick flip, and factor in professional advice on heritage approvals before any structural work.