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5 Pearce Street

Katherine, NT 0850, Australia
$410,000
4 bed 2 bath

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Area Price Guide
$385,400$434,600

Indicative price guide range

🏘️
82
Comparable
📊
$345,000
Area median
⚖️
+19%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

2 Units | Close to CBD | Solid Rental Income Positioned 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. Contact Alison Ross on 0417 847 950 for further details or to arrange your inspection.

Property Features

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    Repayment calculator

    $1,988/month
    $994 /fortnight
    Loan $328,000 at 6.10% over 30 years

    Upfront costs

    Deposit$82,000
    Stamp duty$20,295
    Conveyancing (est.)$2,000
    Total upfront$104,295
    Verify with NT revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Listed
    2 months ago

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