Northern Territory Property News January 2019

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Wednesday 23rd January 2019

A MELBOURNE property fund has snapped up two Darwin CBD buildings for $50 million.

The buildings are Old Admiralty Towers, which currently houses the Northern Territory Government’s Department of the Attorney-General and Justice, and the nearby Heritage Building, which has Corrections offices and private apartments.

It’s the first time Melbourne-based Peak Equities, which holds assets in Victoria, Queensland, South Australia and Western Australia, has included Darwin in its assets.

Tuesday 22nd January 2019

Emerging South Australian lithium developer Core Lithium has been granted a minerals lease for the Grants Deposit, which is a key component of the company’s 100 per cent owned Finniss Lithium project about 80km west of Darwin. Lithium is used in the manufacture of aircraft and batteries.

Friday 19th January 2019

ELECTRIC scooters could soon be zipping around Darwin in a deal that would transform transport in the Top End and offer a massive boon to the local economy.

San Francisco-based company Lime says it is in discussions with Darwin City Council to roll out hundreds of its dockless electric scooters around town in time for the start of the dry season.

Wednesday 16th January 2019

THE construction of two 10MW solar farms in the Top End will begin in April, creating 70 jobs, powering 5000 homes and promising cheaper electricity.

Sunday 13th January 2019

Federal government announces $220m for Kakadu region.

Saturday 12th January 2019

SILKAIR is increasing its weekly services between Darwin and Singapore.The airline will offer seven services a week to Singapore with the addition of a Saturday service from July 6.

Wednesday 2nd January 2019

  • DAMA II visa holders can now apply for permanent residency after working in the Northern Territory for at least three years.

As well as the addition of the pathway to permanent residency in DAMA II, an additional 37 occupations are now available to overseas nationals in the Northern Territory. DAMA II identifies 117 shortage occupations where employers can recruit skilled migrants if they are unable to fill positions locally.

  • The Department of Corporate and Information Systems will be holding sessions for building owners with existing NT Government leases in Darwin on Wednesday, January 16, and Alice Springs on Friday, January 18.

The sessions will take building owners through the NTG Leased Property Stimulus Scheme.

The Territory Government says through the scheme it will work with building owners to stimulate economic activity in the NT. The scheme will be available from the end of January for six months and is open to building owners currently leasing to the NT Government. Work will need to be completed by June 30, 2020.


For more information on a Darwin home loan from a Darwin mortgage broker call Nick Kirlew Mortgage Broker today on 0447 499 794. You can access our Mortgage Calculators here.



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