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Offers Over $349,000

Secure Long-Term Lease | Low Maintenance Brick Investment Opportunity

79 Maluka Road, KATHERINE NT 0850

A solid opportunity to secure a well maintained brick home with strong rental income and long term lease security in Katherine.
Set on a generous battle – axe block, this property offers privacy, space, and modern updates, making it highly appealing to tenants and investors alike. Its low maintenance nature, brick construction, and zoning suitability further enhance its long term holding appeal.
Featuring a newly renovated kitchen, timber floorboards, and a freshly repainted interior, the home is well presented and leased, providing immediate income with minimal upkeep required.

Property Features:
• Ground level brick residential dwelling
• 2 bedrooms
• 1 bathroom
• Spacious internal floor area of approximately 207sqm
• Newly renovated kitchen
• Timber floorboards throughout
• Freshly repainted interior
• Open and functional living and dining layout
• Internal laundry
• Large yard with good separation from neighbouring properties
• Positioned on a battle -axe allotment, enhancing privacy
• Low maintenance home
• Flood zone: Non flood zone

Additional Information:
• Land size: 1,152 sqm
• Floor space: 207 sqm (approx.)
• Zoning: LR – Low Density Residential
• Street positioning: Battle axe block
• Location: Katherine, close to local amenities and services

Council Rates:
$2,665 p/a

Lease Details:
• Leased: Current – 31/03/2028
• Rental income: $420 per week

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

Property Features
  • House
  • 2 bed
  • 1 bath
  • Air Conditioning
  • Land is 1,152 m²
  • Floor Area is 207 m²
  • Toilet
  • Secure Parking
  • Built In Robes
  • Outdoor Entertaining
  • Fully Fenced

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