38 Cox Crescent, KATHERINE NT 0850

A strong set and forget investment opportunity delivering immediate income and long term lease security. Currently leased at $650 per week with a fixed lease in place until December 2027, this renovated property offers excellent cash flow and minimal vacancy risk. Freshly renovated throughout – including the kitchen, bathroom, downstairs areas and bedrooms – the home presents with broad tenant appeal and low ongoing maintenance. Positioned on a generous 863 sqm block within LR (Low Density Residential) zoning, this is a quality Katherine asset well suited to investors seeking stability and future potential. • Property Features: • Elevated residential dwelling • Three renovated bedrooms with built in wardrobes • Freshly renovated kitchen • Spacious open plan lounge and dining area • Cozy balcony off the lounge • Renovated main bathroom with separate shower and bath • Separate toilet • Laundry located downstairs • Downstairs area freshly renovated • Expansive concrete area beneath the house, ideal for storage or multi purpose use • Separate storage room below the house • Low maintenance landscaping • Brand new Colorbond fencing providing privacy and security • Additional Information: • Land size: 863 sqm • Zoning: LR – Low Density Residential • Street positioning: Established residential street • Proximity: Close to schools, shops and everyday amenities Lease Details: • Lease term: Current lease in place until December 2027 • Rental income: $650 per week • Outgoings (Approx.): • Water: $414 per quarter • Council rates: $2,087 per annum Contact: • Ash David • 0484 394 932 • ash.david@gdlrural.com.au • Nutrien Harcourts GDL – Katherine