Waratah Crescent, Fannie Bay

About the project

One of Darwin's most significant residential development opportunities is open for expressions of interest.

Situated in prestigious Fannie Bay, this rare 9,150m² freehold site combines scale, location and development flexibility within one of the Territory's most tightly held residential suburbs. Offered with vacant possession and no LDC imposed development conditions, the property provides purchasers with the flexibility to progress their own development vision, subject to planning controls and development suitability.

Highlights:

A rare 9,150m² freehold development site in prestigious Fannie Bay featuring:

• medium density residential (MR) zoning
• vacant possession
• no LDC imposed development conditions
• overlooking Waratah Oval, minutes from Fannie Bay shops and East Point Reserve
• 5.8km from Darwin CBD.

Investment opportunity

Opportunities of this scale and quality in Fannie Bay are exceptionally rare.

The site occupies a prominent position with direct frontage to Waratah Crescent and overlooking Waratah Oval, within one of Darwin's most established residential neighbourhoods.

Medium Density Residential zoning, vacant possession and freehold ownership provide a compelling platform for residential redevelopment, while proximity to Darwin CBD, the Waterfront, East Point and Parap enhances the site's long-term appeal.

With no development conditions imposed by LDC, purchasers have the flexibility to shape their own development concept and delivery strategy.

Expressions of Interest process:

• EOI opens: 20 July 2026
• EOI closes: 4pm ACST | 20 September 2026
• Offers: over $5.5 million (ex GST) will be considered.