91 Murnburlu Road, Cossack NT 0850

91 Murnburlu Road, Cossack | 8 ha rural acreage | dual-living configuration | 5 paddocks plus house yard | long-term owner-occupied street. This property’s standout strength is its dual-living setup: a main two-bedroom home with an attached two-bedroom dwelling, effectively delivering a four-bedroom, two-bathroom configuration on a single title. For a buyer needing multi-generational accommodation, a home-office with separate entrance, or rental income from the second unit, this avoids the cost and hassle of subdividing. The 8-hectare block, fenced into five paddocks plus a house yard, is immediately functional for hobby farming or small-scale livestock, and the all-steel construction reduces long-term maintenance in the Top End climate. The street is 100% owner-occupied with 81% long-term residents, signalling low turnover and a stable neighbourhood-valuable for a buyer seeking genuine rural living without speculative price noise. The main risk is the property’s isolation: 9 km from Katherine Terrace means daily commuting for supplies, schools, or employment, and the lack of recent sales data on Murnburlu Road makes price benchmarking difficult. The 2007 last sale date suggests limited market exposure, which could mean the current $950,000 ask reflects aspirational pricing rather than recent transactional evidence. A buyer should commission a formal valuation and inspect the condition of the steel structure and second dwelling carefully, as older rural builds can hide corrosion or roofing issues. The opportunity lies in using the second dwelling to offset holding costs-either as a long-term rental or short-term agritourism stay, given the paddocks and rural setting. Hold this property as a lifestyle buffer with income potential, not a quick flip.