This property is for sale by Openn Negotiation - https://bit.ly/32rGOlq
The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow.
Contact the Agent immediately to become qualified and avoid disappointment.
Text 'PEARCE' to 0488 810 057 for all property information.
Located in a key commercial precinct just off the Victoria Highway, less than 5 minutes to Katherine town centre. This strategic commercial holding will be ideal for an investor seeking to secure a premises with great returns.
This quality building offers a large workshop/storage space including office space and kitchenette, quality steel and block construction and street frontage.
The complex situated on 1.08Ha has ample off-street parking for staff and clients.
Shed 3 is occupied by a courier company on a periodic tenancy.
Current rental is $1,360 (approx.) per month + GST.
To arrange a private inspection of this property please contact Tom Kiem on 0413 821 871.
Council Rates: Approx.$ 1,780 per annum
Year Built: 1984 (approx.)
Zoning: LI (Light Industry)
Body Corporate: Whittles Body Corporate
Body Corporate Levies: Approx. $1,230 per quarter
Vendors Conveyancer: Law Lab Conveyancing
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: (none found)
Please Note: the area stated in an approximate figure based on the information we have, and the Unit Plan (available on Web Book)
The size of Katherine South is approximately 6.2 square kilometres. It has 9 parks covering nearly 19.0% of total area. The population of Katherine South in 2016 was 1495 people. By 2021 the population was 1507 showing a population growth of 0.8% in the area during that time. The predominant age group in Katherine South is 30-39 years. Households in Katherine South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Katherine South work in a community and personal service occupation.In 2021, 28.60% of the homes in Katherine South were owner-occupied compared with 38.80% in 2016.
Katherine South has 734 properties. Over the last 5 years, Houses in Katherine South have seen a 15.45% increase in median value, while Units have seen a 9.10% increase. As at 31 January 2026:
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