Alice Springs’ newest suburb fast tracked by NT government

Alice Springs’ Kilgariff, the newest residential suburb, has seen the issuing of new land titles for its first stage fast tracked by the Norther Territory government.

The aim was to fast track the masterplanned suburb to allow home building to start this month, explained Chief Minister Adam Giles.

“Local contractor Sitzler Bros has completed Stage 1 subdivision works allowing us to move quickly to get these land titles issued,” Giles said.

“This is certainly great news for the 24 buyers who have already secured their future in Kilgariff, and they can now begin construction of their new homes in early 2015.”

Over the next 20 years, the area is expected to grow into a suburb with 4,500 homes. It is also expected to include a sports oval, village centre, open space, parks and cycle paths and is being developed by Land Development Corporation.

The blocks are priced from $160,000 to $180,000, and Giles expects home buyer interest due to the price point.

Stage 1A’s interested saw an early release of 1B in November, with a further 47 home sites brought to market. The initial 1A stage included 33 lots spanning 713 square metres to 1,043 square metres. There are some blocks available for units or townhouse development.

“The Giles Government is delivering on its promise of new residential land release, faster than ever before, to meet the growing demand for new homes right across the Territory,” Giles said.

“We desperately need to add to our new housing stock to put downward pressure on prices, rents and the cost of living and Kilgariff will help us do just that.”

A new development in Whittaker Street is also expected to take place, with expressions of interest for the site now open to opportunistic developers. The prime block of commercial land spanning 18,000 square metres has seen released images of a potential mixed-use precinct that could include a hotel and tourism precinct, residential accommodation, restaurants and retail space.

“We are keen to hear what developers might be interested in this property and what ideas they have for this prime real estate,” Giles said.

“We have an open mind about the form this project could ultimately take, but it certainly presents a chance to transform a key site right in the heart of Alice and I look forward to seeing what options are proposed.”