The NT Land Corporation holds Crown Lease Perpetual 1478 over part of the former Wildman River Station. The 26,000 hectares Wildman Agricultural Precinct is located approximately 135 kms from Darwin, along Point Stuart Road.

The area was acquired for agricultural development in the 80s. Recent Soil and Land Suitability studies confirm the viability of the area for agricultural development.

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 the end of 2021.