37 Oshea TerraceKatherine NT 0850
Property Details for 37 Oshea Tce, Katherine
37 Oshea Tce, Katherine is a 14 bedroom, 8 bathroom Unit with 12 parking spaces. The property has a land size of 1250m2. While the property is not currently for sale or for rent, it was last sold in May 2007.
Last Listing description (August 2021)
Text '37OSH' to 0488 810 057 for all property information, including the information memorandum.
Sitting on a large land parcel close to the central hub of Katherine are two blocks of modern, high build quality units. Offering excellent rental returns and significant opportunity for capital growth for an astute investor
AAA tenancy to NTPFES (NT police) since completion
High build costs and excellent depreciation benefits
Potential for explosive capital growth with NT's earmarked future projects
Comprised of 4 x 2 bedroom units and 2 x 3 bedroom units
Katherine RAAF Tindal base starting 1.1Billion dollar expansion this year
Excellent opportunity to acquire a high yield asset at the perfect time
Gross Rental Income (pre-tax without depreciation) of $150,000 approximately
Land Size 1250sqm
Potential to also purchase adjacent unit blocks on separate title
Individually strata titled
Low body corporate fees
Please call or email listing agent Stewie Martin for the information memorandum.
Area Under Title: 1250sqm
Zoning: CB (Central Business)
Property History for 37 Oshea Tce, Katherine, NT 0850
- 12 Jan 2021Listed for Sale $2,290,000
- 28 May 2007Sold for $100,000
Recent sales nearby
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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 1,222 properties. Over the last 5 years, Houses in Katherine have seen a 19.53% increase in median value, while Units have seen a 16.91% increase. As at 30 November 2025:
- The median value for Houses in Katherine is $361,168 while the median value for Units is $238,934.
- Houses have a median rent of $530 while Units have a median rent of $415.
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