Incredible Investment - 9 Unit Block & Excellent Returns!
Welcome to 33-35 Victoria Highway Katherine. Situated on the gateway to WA, just a stones throw from the centre of town is this fantastic opportunity. Sure to be popular with investors both local and international this property will make a sound asset! 2022 represents an opportune time in the property cycle to secure your future lifestyle. With RAAF Base Katherine receiving a 1.1 Billion dollar expansion and homes in short supply now is the time to jump in and ride the rising market! Perfectly positioned on 1,618m� of prime real estate, just a stones throw from the town centre, local schools, the golf course and walking distance to the iconic Katherine Hot Springs. This ground level complex of 9 units made up of 4x 2 bed, 4x 1 bed and 1x studio. represents a solid investment. Currently receiving approximately $95,000 per annum at 90% capacity, you will see a fantastic ROI plus enjoy capital growth in the rapidly rising NT market. Our vendor is motivated and this property must be sold! Contact the Agent immediately to avoid disappointment. Zoning: LMR (low-medium density residential)Settlement period: 30 - 60 daysVendors Conveyancer: Lawlab ConveyancingDeposit: 10% or variation on requestEasements as per title: None Found
