The 5,712 hectares Larrimah Agricultural Precinct area is located approximately 180 kms south of Katherine, just south of the Larrimah township and divided by the Stuart Highway.

In 2019 the Department of Environment, Parks and Water Security completed a Soil and Land Suitability Assessment for Irrigated Agriculture, which confirmed areas of land suitable for irrigated crops.

Expressions of Interest for development of the precinct closed in February 2021 and are currently being assessed. NT Land Corporation hopes to have a successful proponent selected by mid-2021.