Lot 3208, 2 Second Street, Katherine, NT 0850

Development/Land | Retail

For Sale $3,300,000 Exc GST

Auction: Tuesday, Aug 20, 11:00 AM

  • Property ID: 446844
  • Floor Area: 400m²
  • Land Area: 4050m²
  • Occupancy: Vacant
Katherine Tenanted Investment 6.83% return - includes 1,810m2 vacant land

Auction Location: LJ Hooker Darwin Boardroom, Suite 1, 25 Parap Rd Parap NT 0820

This offering provides the purchaser a fantastic opportunity to acquire a large holding of 4,050 m2 with three street frontages in the heart of the Katherine CBD. Approximately 2,240m2 of this prime real estate is currently developed, and the remainder is vacant. Established on the land is EG Ampol Service Station and Katherine Laser Wash, both of which are tenanted. The property is generating an annual net income of $225,438.94 and the vacant land has solid potential for development.

• Area Under Title 4050m2
• Prime CBD Location
• Three street frontages
• Tenanted service station and car wash.
• Annual net income currently $225,438.94
• Approximately 1,810m2 vacant land.


This property is an absolute gem and right in the heart of Katherine CBD. Take advantage of the unique opportunity to purchase this prime Katherine real estate with wonderful development potential while pocketing a healthy return.

For more information or to arrange an inspection, please John Grant on 0429 982540 or jgrant@ljhnc.com.au or David Loy on 0418 897104 or dloy@ljhookerdarwin.com.au

Katherine Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $1032 ---
Retail $6250 --- ---
This is the average advertised price, rent and yield for Katherine, NT 0850*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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