Territorians looking for affordable land are expected to snap up lots in Johnston Ridge and Zuccoli.
Property developer Urbex has released 13 lots in the Palmerston East suburbs priced between $275 000 and $285 000.
With interest rates at an all-time low and increased local demand, Urbex General Manager Wayne Rex said the company expects the land to sell quickly to Territorian families.
“We have eight lots in Zuccoli and five in Johnston Ridge at great prices,” Mr Rex said.
“There are a variety of lot sizes available giving people an opportunity to choose a lot that suits their needs, whilst fulfiling the dream of home ownership at an affordable price.”
Johnston Ridge and Zuccoli each feature walking and cycle paths with easy access to schools, retail and commercial businesses in Palmerston and Coolalinga.
“There is a limited supply of land over the coming year and through to 2015, and property prices in the region show no sign of slowing,” Mr Rex said.
“I would encourage anyone looking to purchase land in Darwin or Palmerston to act now while lots are available and interest rates are at an all-time low.”
People looking to buy can view a scale model and development plans for Johnston Ridge and Zuccoli at the Urbex Realty, Sales and Information Centre at 18 Cavenagh Street, Darwin.
For further information visit www.johnstonridge.com.au, www.zuccolivillage.com.au or call Janzey Pratt on 08 8930 4444.