9 Third Street, Katherine, NT 0850 | Commercial for sale | OnTheHouse
FOR SALE
PRICE NEGOTIABLE

9 Third Street
Katherine NT 0850

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 500m2
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Commercial Property available - good potential Rent or Move in with your own business

Phone enquiries - please call 1300 594 794 and quote property ID 17687.
Great potential for this property whether you wish to own as an investor or owner occupier. Possible development potential too. Title already allows for funeral parlour or Tavern. The property is next door to a well known back-packers business and close to the Best Western Hotel. Great opportunities await.
This is an excellent opportunity to purchase this FREEHOLD commercial property. The land is 2020m2 with a large dwelling currently used for business purposes. Secure tenant with existing lease (1 year plus further 3 year option).
* Fully air conditioned with split systems
* Residence with 4 -5 bedrooms, all with built in robes
* Fully equipped Kitchen, Bathroom
* Front lounge area
* Detached 'granny-flat', kitchenette and bathroom.
* Double carport under main roof.
* Fenced yard, plenty of off-street parking.
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Property Details for 9 Third St, Katherine

Building Type
Commercial
Floor Size
500m2
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About Katherine 0850

The size of Katherine is approximately 4.2 square kilometres. It has 9 parks covering nearly 8.1% of total area. The population of Katherine in 2016 was 1488 people. By 2021 the population was 1254 showing a population decline of 15.7% in the area during that time. The predominant age group in Katherine is 20-29 years. Households in Katherine are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Katherine work in a professional occupation.In 2021, 43.20% of the homes in Katherine were owner-occupied compared with 43.80% in 2016.

Katherine has 1,220 properties. Over the last 5 years, Houses in Katherine have seen a 15.85% increase in median value, while Units have seen a 23.04% increase. As at 31 October 2025:

  • The median value for Houses in Katherine is $356,425 while the median value for Units is $246,989.
  • Houses have a median rent of $530 while Units have a median rent of $395.
There are currently 20 properties listed for sale, and 6 properties listed for rent in Katherine on OnTheHouse. According to Cotality's data, 44 properties were sold in the past 12 months in Katherine.

Suburb Insights for Katherine 0850

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.