Northern Territory land released for industrial development

Northern Territory land released for industrial development
Northern Territory land released for industrial development

A 27 hectare site on College Road, Berrimah in the Northern Territory has been released for the development of 50 to 60 industrial lots.

The site’s works are expected to begin in 2015, with sales to follow.

Northern Territory Minister for Lands, Planning and the Environment, Peter Chandler, said that there is a well-known historic lack of residential land in the area, but there is also strong demand for industrial land.

“The Country Liberals are leading a nation-wide push to develop Northern Australia and companies are falling over themselves to invest in the Territory,” Chandler said, pointing to Southern Steel’s opening of operations at East Arm, close to this new site.

“It is important that enough land is released so we can capitalise on this investment potential,” he said.

Their aim is to secure a pipeline of major projects to break the “boom and bust cycle of the economy and support sustained growth”.

They have opened a public request for proposal process, which closes on 1 December. A briefing will be held on 1 October.

The industrial subdivision site is expected to help boost new and existing businesses and provide further employment options. It is 26.8 hectares in size, zoned GI (general industry) and 10 kilometres from both Darwin and Palmerston.

Jennifer Duke

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

Tags: 
Industrial Northern Territory

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