Phone enquiries - please quote property ID 26014.
This offering provides the purchaser a fantastic opportunity to acquire a large holding of 2030m2, situated on the corner of Second and Warburton Streets, in the heart of Katherine. This commercial property has an existing car yard business, plus two dwellings (a two bedroom residence plus a single bedroom cottage).
The 2 bedroom residence is a fibro libre construction with 2 bedrooms, kitchen, living a central bathroom and separate laundry. Air-conditioning in the bedroom. Separate access via Warburton Street.
The one bedroom cottage is also construction of fibro and is all self-contained with kitchen, combined bathroom/laundry and living. It too is accessed by Warburton Street.
Both homes have separate power meter boxes for separate billing.
NOTE: Katherine rental prices offer very good returns on your investment (Median Asking Rent for KATHERINE is $477 per week).
The Car Yard is a going concern and if new owner has a requirement to continue with the car yard, then a cost could be negotiated for the stock (if required). Alternatively, this property is prime as a development opportunity (stca).
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