281 Shadforth Road,, Katherine, NT 0850 | Commercial for sale | OnTheHouse
 
FOR SALE
EXPRESSIONS OF INTEREST BY JUNE 30TH 2021

281 Shadforth Road, Cossack
Katherine NT 0850

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 200m2
Land area: 34.33ha
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SPRINGVALE HOMESTEAD - PICTURESQUE PARK OF RICH CULTURAL HERITAGE - PRIME RIVERFRONT LAND - DEVELOPMENT OPPORTUNITY (STCA)

Phone enquiries - please call 1300 594 794 and quote property ID 25929.
Here is an opportunity to acquire the iconic Springvale Homestead Park – a property with unique and significant cultural heritage value, and a cherished cornerstone of tourism in Katherine, Northern Territory.
Built in 1879, Springvale Homestead is the oldest standing homestead in the Territory and was one of the very first pastoral stations established in the Top End.
The Parks peaceful aura transports you through time and captivating chapters in history, which include its agricultural and pioneering expedition and settlement days, its role in World War II, the inspired setting for the notable literary works of novelist Tom Ronan (whose family is buried on site), and the joyful echoes of family and community spirit that still resonate from its renowned tourist destination days.
This picturesque property is situated on 34.33 hectares of prime riverfront land, which abounds with natural resources including a natural spring fed creek and freshwater billabong as well as three significant cultural heritage listed sites.
This property calls for the passion of a visionary investor or developer while it patiently awaits the next chapter of history to unfold! Zoned: Commercial/Tourism. Any application would need to be approved by council but opportunities such as short stay accommodation / farm stay / eco pods / caravan park etc. Other options to explore: Education or Retirement / Aged Care, as there is a shortage in the area.
NOTE: This property has undergone significant capital infrastructure investment to adhere to current Environment Health Standards including the installation of a state of the art environmentally friendly ENVIRA wastewater management system (30,000L/day max) complete with Doh Waste Water Design Approval ($500,000+). (DOH Waste Waterworks Design Approval). A new mains power connection, electrical upgrade, a brand new RV chemical dump, new fencing, plus a newly constructed pump shed (with concrete slab), tank and water pump.
Additional Property Features:
• 34.33 hectares (84 acres)
• Tourist Commercial Zoning
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Property Details for 281 Shadforth Road, Cossack, Katherine, NT 0850

Building Type
Commercial
Floor Size
200m2
Land Size
34.33ha
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About Katherine 0850

The size of Katherine is approximately 4.2 square kilometres. It has 9 parks covering nearly 8.1% of total area. The population of Katherine in 2016 was 1488 people. By 2021 the population was 1254 showing a population decline of 15.7% in the area during that time. The predominant age group in Katherine is 20-29 years. Households in Katherine are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Katherine work in a professional occupation.In 2021, 43.20% of the homes in Katherine were owner-occupied compared with 43.80% in 2016.

Katherine has 1,220 properties. Over the last 5 years, Houses in Katherine have seen a 15.85% increase in median value, while Units have seen a 23.04% increase. As at 31 October 2025:

  • The median value for Houses in Katherine is $356,425 while the median value for Units is $246,989.
  • Houses have a median rent of $530 while Units have a median rent of $395.
There are currently 20 properties listed for sale, and 6 properties listed for rent in Katherine on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Katherine.

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