Property Features:
• Brick duplex built in 1986**
• Two x 2-bedroom, 1-bathroom units
• Both units fully tiled throughout for low-maintenance living
• Bedrooms include built-in wardrobes
• Bathrooms feature shower, toilet and vanity
• Spacious, fully fenced rear yards
• External laundries, individual storerooms and undercover carports
• Quiet Katherine North cul-de-sac location
• Separate electrical meters & Separate water meters
• Not strata titled - held under one title
Additional Information:
• Council rates: approx. $3,736 p.a.
• Unit 1 leased at $400/week under a periodic lease
• Unit 2 currently rented at at $1,738.10/month under a periodic lease
• Low vacancy rate area - strong rental demand
• Approx. 7.5%+ net rental yield based on current income and outgoings
• A great opportunity to grow your portfolio with a solid, income-producing asset
For more information or to arrange a viewing, con
