4/5 Lorre Court
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About this property
Positioned in Katherine South, this updated two-bedroom townhouse offers a low-maintenance lifestyle and a fantastic opportunity for investors seeking secure rental income. Located in a quiet court setting, the property features a practical layout, modern updates and valuable storage space. With tenants already in place, this property provides immediate returns in a convenient Katherine location. Property Features: • 2-bedroom townhouse • 1 bathroom • Updated interior • Functional living layout • Two car spaces • Downstairs store room providing additional storage • Low-maintenance design suitable for long-term tenancy • Quiet court location in Katherine South Additional Information: • Property type: Townhouse • Area: Katherine South • Council rates: $1,935.81 per annum (approx.) • Body corporate fees: $1,215 per quarter (approx.) • Convenient access to local schools, shops and amenities within Katherine Lease Details: • Currently rented at $500 p/w until June 2027 Contact: • Ash David • 0484 394 932 • ash.david@gdlrural.com.au • Nutrien Harcourts GDL - Katherine
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 1761 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Katherine
This 2-bedroom apartment in Katherine, NT 0850 sits within reach of public transport, local shops and nearby schools. It is listed 12% below the $340,000 median of 90 comparable apartmentswithin 5 km.
Schools near Katherine
- Katherine School Of The Aircombined · T-9 · CoEd
- Kintore Street Schoolcombined · T-12 · CoEd
- St Joseph's Catholic Collegecombined · T-12 · CoEd
- Clyde Fenton Primary Schoolprimary · T-6 · CoEd
What's nearby
- Unnamed (bus) — 1.4 km away
- OTR — 2.0 km away
- Unnamed — 2.8 km away
- Unnamed — 2.9 km away
- Unnamed — 2.9 km away
Katherine at a glance
Full suburb profile- Population
- 1,254
- Median age
- 34
- Household income
- $2,053/wk
- Median rent
- $360/wk
- Median mortgage
- $1,408/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Katherine price trend
Median sold · House 3 bed
Compound growth +0.4% / yr over 4 yrs
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Full Katherine marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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