38 Cox Crescent

Katherine NT 0850

863 m²

House

Currently for sale - view listing

Overview

Renovated Modern Living | Strong Investment with Long Term Lease

A strong set and forget investment opportunity delivering immediate income and long term lease security. Currently leased at $650 per week with a fixed lease in place until December 2027, this renovated property offers excellent cash flow and minimal vacancy risk. Freshly renovated throughout - including the kitchen, bathroom, downstairs areas and bedrooms - the home presents with broad tenant appeal and low ongoing maintenance. Positioned on a generous 863 sqm block within LR (Low Density Residential) zoning, this is a quality Katherine asset well suited to investors seeking stability and future potential. • Property Features: • Elevated residential dwelling • Three renovated bedrooms with built in wardrobes • Freshly renovated kitchen • Spacious open plan lounge and dining area • Cozy balcony off the lounge • Renovated main bathroom with separate shower and bath • Separate toilet • Laundry located downstairs • Downstairs area freshly renovated • Expansive concrete area beneath the house, ideal for storage or multi purpose use • Separate storage room below the house • Low maintenance landscaping • Brand new Colorbond fencing providing privacy and security • Additional Information: • Land size: 863 sqm • Zoning: LR - Low Density Residential • Street positioning: Established residential street • Proximity: Close to schools, shops and everyday amenities Lease Details: • Lease term: Current lease in place until December 2027 • Rental income: $650 per week • Outgoings (Approx.): • Water: $414 per quarter • Council rates: $2,087 per annum Contact: • Ash David • 0484 394 932 • ash.david@gdlrural.com.au • Nutrien Harcourts GDL - Katherine

Features

3 bedrooms

1 bathroom

2 carspaces

2 carport spaces

863 m² lot size

House

Property history for 38 Cox Crescent

2024

Sold

$315,000

Private Sale/Treaty on 08 Aug 2024 by Ashleigh David, of Elders Katherine

2022

Rented

Undisclosed

Leased on 30 Oct 2022 by Elders Katherine

2022

Rented

Undisclosed

Leased on 10 Oct 2022 by Elders Katherine

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