2 Browne Street, Katherine NT 0850

Securely leased and offering immediate returns, this versatile property presents a strong investment opportunity in a convenient Katherine location. Positioned on a corner block with dual access, this spacious residence delivers flexibility, solid rental income, and future value-add potential. Currently tenanted at $700 per week until June 2027, this property provides investors with reliable cash flow and a long-term lease in place. With four bedrooms, multiple living areas, and appealing outdoor features including a swimming pool, the home is well-suited to attract and retain quality tenants. Property Features • Residential house • Four bedrooms in total • Three bedrooms upstairs with built-in cupboards • Additional small room off the living area • One bedroom downstairs with air-conditioning • Large open-plan living and dining area • Open kitchen overlooking the backyard • Kitchen equipped with electric and gas cooking and dishwasher • Split system air-conditioning throughout • Ceiling fans throughout • Upstairs bathroom with separate toilet • Downstairs toilet and shower • External laundry • Flexible downstairs space with potential for additional living or retreat • Swimming pool • Two decks • Entertaining area within the pool yard • Fully fenced yard • Two parking areas including carport • Corner block with two separate property entrances Additional Information • Corner allotment offering dual access • Generous yard appealing to families and long-term tenants • Strong potential to renovate and increase future returns • Close to parks and the showgrounds • Approx. 2-minute drive to Katherine CBD • Zoning: LR (Low Density Residential) • Year built: 1993 Council Rates & Rental • Council Rates: $2,665 p/a • Rental Return: $700 per week (fixed lease to June 2027) For further information or to arrange an inspection, please contact: • Ash David • 0484 394 932 • ash.david@gdlrural.com.au • Nutrien Harcourts GDL – Katherine