Lot 3208, 2 Second Street, Katherine, NT 0850

Auction Location: LJ Hooker Darwin Boardroom, Suite 1, 25 Parap Rd Parap NT 0820

This offering provides the purchaser a fantastic opportunity to acquire a large holding of 4,050 m2 with three street frontages in the heart of the Katherine CBD. Approximately 2,240m2 of this prime real estate is currently developed, and the remainder is vacant. Established on the land is EG Ampol Service Station and Katherine Laser Wash, both of which are tenanted. The property is generating an annual net income of $218,361.70  and has solid potential for development.

•	Area Under Title 4050m2
•	Prime CBD Location
•	Three street frontages 	
•	Tenanted service station and car wash.
•	Annual net income currently $218,361.70	
•	Approximately 1,810m2 vacant land.
	

This property is an absolute gem and right in the heart of Katherine CBD. Take advantage of the unique opportunity to purchase this prime Katherine real estate with wonderful development potential while pocketing a healthy return.

For more information or to arrange an inspection, please John Grant on 0429 982540 or [email protected] or David Loy on 0418 897104 or [email protected]