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Offers Over $559,000

ONE-OF-A-KIND FAMILY HOME OR HIGH-YIELD INVESTMENT

96 Riverbank Drive, KATHERINE NT 0850

96 RIVERBANK DRIVE, KATHERINE Offers Over $559,000

This large, elevated home overlooks the Katherine River and is just a five-minute walk to the iconic Hot Springs, Pop Rocket Café and Katherine South Primary School. Positioned on a 740m² block, this property is unique to Katherine South, offering exceptional flexibility for families or as a high-yield investment appealing to companies.

Property Features:
• Three bedrooms, one bathroom upstairs
• Bedrooms with built-in robes and curtains
• Large modern kitchen with six-burner gas stove and ample storage
• Modern bathroom and separate toilet
• Front and back verandahs plus a front balcony with river views
• Large lounge and dining area with polished wood floors
• Air-conditioning and ceiling fans throughout
• Large louvre windows for breezy Territory living
• Downstairs Features:
• Modern self-contained granny flat with separate kitchenette and sitting room
• Additional shower, toilet and laundry
• Two undercover carparks and large storage/games rooms
• Fenced inground pool with shady, low-maintenance gardens
• High fencing all around for privacy and security

Additional Information:
• Price: Offers Over $559,000
• Rental appraisal: $850 – $900 per week
• Gross yield at $900/week: 8.3%
• Council rates: approx. $2,000 p/a
• Double-door garage plus single rear access for ample car / boat storage
• Low-maintenance lawns with established garden beds
• Security Screens
• NBN Connection
• Ideal for company housing or families needing space and flexibility
• Nothing else like this in Katherine South – a renovated, airy Territory-style home with decks front and back

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

Property Features
  • House
  • 4 bed
  • 2 bath
  • 4 Parking Spaces
  • Air Conditioning
  • Land is 740 m²
  • 2 Garage
  • 2 Carport
  • 2 Open Parking Spaces
  • Secure Parking
  • Dishwasher
  • Workshop
  • Broadband
  • Balcony
  • Shed
  • Fully Fenced

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