2 Browne Street, Katherine, NT 0850

Securely leased and offering immediate returns, this versatile property presents a strong investment opportunity in a convenient Katherine location. Positioned on a corner block with dual access, this spacious residence delivers flexibility, solid rental income, and future value-add potential.

Currently tenanted at $700 per week until June 2027, this property provides investors with reliable cash flow and a long-term lease in place.

With four bedrooms, multiple living areas, and appealing outdoor features including a swimming pool, the home is well-suited to attract and retain quality tenants.

Property Features
• Residential house
• Four bedrooms in total
• Three bedrooms upstairs with built-in cupboards
• Additional small room off the living area
• One bedroom downstairs with air-conditioning
• Large open-plan living and dining area
• Open kitchen overlooking the backyard
• Kitchen equipped with electric and gas cooking and dishwasher
• Split system air-conditioning throughout
• Ceiling fans throughout
• Upstairs bathroom with separate toilet
• Downstairs toilet and shower
• External laundry
• Flexible downstairs space with potential for additional living or retreat
• Swimming pool
• Two decks
• Entertaining area within the pool yard
• Fully fenced yard
• Two parking areas including carport
• Corner block with two separate property entrances

Additional Information
• Corner allotment offering dual access
• Generous yard appealing to families and long-term tenants
• Strong potential to renovate and increase future returns
• Close to parks and the showgrounds
• Approx. 2-minute drive to Katherine CBD
• Zoning: LR (Low Density Residential)
• Year built: 1993

Council Rates & Rental
• Council Rates: $2,665 p/a
• Rental Return: $700 per week (fixed lease to June 2027)

For further information or to arrange an inspection, please contact:

• Ash David
• 0484 394 932
• [email protected]
• Nutrien Harcourts GDL - Katherine