36 Katherine TerraceKatherine NT 0850
Property Details for 36 Katherine Tce, Katherine
Last Listing description (May 2024)
FOR SALE OR LEASE
This exceptional retail property is now available for sale or Lease and presents a fantastic investment opportunity. Situated in Katherine's main street with high visibility and easy parking, the 532m2 property has the potential to be divided into 3 separate shops.
Fully air-conditioned
Lock-up area at the rear of the shop
Kitchen and bathroom facilities
One store is leased at $48,000 per annum
Recent replacement of ceilings, lighting and fans
A short walk to the banks, post office, cafes and shopping centre
*Does not include the Business Name, shop fittings or stock.
Katherine is a vibrant community with a population of 11,000 people and is the regional hub that services the 360,000 square kilometres of the Big Rivers Region which consists of remote communities' roadhouses, pastoral properties, and mines.
The famous tourist attraction of Nitmiluk National Park/Katherine Gorge is located just 25km from town and attracts over 250,000 visitors a year. The Tindal Airbase, home to the famous 75 Squadron is located just 15 km south of town and is currently undergoing billion-dollar upgrades.
Contact the selling agent Toni Coutts on 0455 456 951 today to arrange an inspection or a facetime tour.
Property History for 36 Katherine Tce, Katherine, NT 0850
- 16 Apr 2024Listed for Sale $900,000 Negotiable
- 07 Nov 2022Listed for Sale Offers Over $1,000,000
- 04 Dec 2019Listed for Sale Offers Over $1,000,000
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0About 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 1,218 properties. Over the last 5 years, Houses in Katherine have seen a 13.29% increase in median value, while Units have seen a -54.58% decrease. As at 31 March 2026:
- The median value for Houses in Katherine is $359,429 while the median value for Units is $255,948.
- Houses have a median rent of $585 while Units have a median rent of $365.
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