FOR SALE
$230,000

8/48 Crawford Street
Katherine NT 0850

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Why Rent When You Can Buy!

Investment Opportunity in Katherine’s Industrial Estate
Wanting to start your business in Katherine’s Industrial Estate? These sheds on 48 Crawford Street offer the perfect opportunity to buy real estate without it costing an arm and a leg.
With a trading space of 85 sqm, a private yard and covered parking for 2 vehicles, this shed is ideal for a starting business, or a mobile business who needs room for storage or onsite fabrication.
Features:
- 85 sqm shed
- 3-phase power
- Private lockable yard
- Large sliding roller door
- Shaded parking for 2 vehicles
- Separate toilet and shower
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Property Details for 8/48 Crawford St, Katherine

Building Type
Commercial

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About Katherine 0850

The size of Katherine is approximately 4.2 square kilometres. It has 9 parks covering nearly 8.1% of total area. The population of Katherine in 2011 was 1,376 people. By 2016 the population was 1,490 showing a population growth of 8.3% in the area during that time. The predominant age group in Katherine is 20-29 years. Households in Katherine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Katherine work in a professional occupation. In 2011, 42.3% of the homes in Katherine were owner-occupied compared with 43.8% in 2016.

Katherine has 1,231 properties. Over the last 5 years, Houses in Katherine have seen a 12.65% increase in median value, while Units have seen a 10.95% increase. As at 31 July 2024:

  • The median value for Houses in Katherine is $348,388 while the median value for Units is $198,358.
  • Houses have a median rent of $485 while Units have a median rent of $380.
There are currently 28 properties listed for sale, and 8 properties listed for rent in Katherine on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Katherine.

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Sue Sinclair
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LJ Hooker Katherine
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