5 Pearce Street
Katherine NT 0850
- 4 Bed
- 2 Bath
$410,000
Duplex Investment Opportunity
2 Units | Close to CBD | Solid Rental IncomePositioned just outside Katherine's main street, this duplex offers a fantastic entry-level investment with excellent convenience to all town services.
Built from solid brick and set on the ground level, each unit is fully self-contained with off-street parking. One is currently rented at $300 per week and the other at $330 per week, providing a steady income stream from day one.
While the property would benefit from some modernisation, its location, structure, and rental returns make it a smart starter investment in Katherine's growing market.
Property Highlights:
Duplex comprising 2 self-contained units
Solid brick construction
Ground-level design
Current rental income: $300 + $330 per week
Off-street parking for both units
Convenient location close to the CBD and all town amenities
Priced at just $410,000, this is a rare opportunity to secure a dual-income property at an affordable entry point.
Features
General Features
- Property Type: Duplex
- Bedrooms: 4
- Bathrooms: 2
Indoor Features
- Toilets: 2
Can I afford 5 Pearce Street?
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Elders Real Estate Katherine
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