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Offers over $359,000

Solid Investment or Future Home | Large 1,057sqm Allotment

48 Maluka Road, KATHERINE NT 0850

Positioned on a generous 1,057sqm allotment, 48 Maluka Road presents an excellent opportunity for investors seeking immediate rental income or future owner-occupiers looking to secure a well-located property in Katherine.

Offering three bedrooms, one bathroom and parking for up to three vehicles, this practical family home combines comfortable living with a spacious block and strong investment appeal. Currently leased at $450 per week until 21 February, the property provides an established income stream from day one.

Property Features:
• Three bedrooms
• One bathroom
• Spacious and functional floorplan
• Comfortable living and dining areas
• Practical kitchen designed for everyday use
• Well-proportioned bedrooms
• Suitable for families, couples or investors

Additional features include:
• Easy-care layout
• Functional family living spaces
• Comfortable indoor living environment
• Opportunity to add value over time

External Improvements:
• Situated on a generous 1,057sqm allotment
• Three-car parking accommodation
• Spacious yard with room for outdoor activities
• Plenty of space for children and pets to play

•Lifestyle features include:
• Large residential block
• Established neighbourhood
• Room for outdoor entertaining
• Ideal balance of indoor and outdoor living

Additional Information:
• Land size: 1,057 sqm
• Property type: Residential dwelling
• Zoning: Residential (Low density residential)
• Location: Maluka Road, Katherine
• Proximity: Close to schools, shopping facilities and everyday amenities

Lease Details:
• Lease expiry: 21 February 2027
• Rental income: $450 per week

Investment / Lifestyle Snapshot:
• Generous 1,057sqm allotment
• Three-bedroom home with practical family layout
• Three-car parking accommodation
• Currently returning $450 per week in rental income
• Lease secured until 21 February
• Excellent opportunity for owner-occupiers or investors
• Large yard with space and future potential
• Convenient Katherine location close to local amenities
• Solid investment with immediate returns

Contact:
• Ash David
• 0484 394 932
• ash.david@gdlrural.com.au
• Nutrien Harcourts GDL – Katherine

Property Features
  • House
  • 3 bed
  • 1 bath
  • Air Conditioning
  • Land is 1,057 m²
  • Toilet
  • 3 Open Parking Spaces
  • Built In Robes
  • Balcony
  • Outdoor Entertaining
  • Fully Fenced

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