A strong investment opportunity offering immediate income, modern upgrades and long term lease security. Positioned on a generous 805 sqm allotment, this property is ideally suited to investors seeking a reliable, low maintenance asset in an established Katherine location.
Featuring a freshly renovated kitchen and ensuite, four bedrooms and a quality tenant already in place, the property is currently leased at $700 per week until February 2027, delivering strong cash flow and reduced vacancy risk.
Property Features:
• Ground level residential dwelling
• Four bedrooms
• Two bathrooms, including a freshly renovated ensuite
• Freshly renovated kitchen
• Practical, family friendly layout
• Two carports
• Low maintenance yard with generous outdoor space
• Well suited to ongoing rental demand
Additional Information:
• Land size: 805 sqm
• Zoning: LR - Low Density Residential
• Street positioning: Residential cul de sac in Katherine
• Proximity: Close to local schools, shops and everyday amenities
Lease Details:
• Lease term: Current lease in place until February 2027
• Rental income: $700 per week
Outgoings (Approx.):
• Water rates: $378 per quarter
• Council rates: $2,665 per annum
Contact:
• Ash David
• 0484 394 932
• ash.david@gdlrural.com.au
• Nutrien Harcourts GDL - Katherine
