11 Third StreetKatherine NT 0850
Property Details for 11 Third St, Katherine
Last Listing description (January 2021)
Phone enquiries - please quote property ID 23396
This property is located in the heart of Katherine, just 300 metres from the Katherine University, supermarkets and within 500 metres to Katherine Centre.
Currently being run as a budget motel, perfectly suited to owner operator, with managers residence. Choose to carry on running the business whilst living on-site, or investigate potential development opportunities.
* Corner position
* Land size: 2150m2
* Construction: Large brick construction with 20 air-conditioned rooms (all with en-suites). Partly renovated with 14 rooms re-tiled and re-plumbed
* Communal kitchen and laundry for guests
* In-ground Swimming Pool
* 30 KW grid centred solar system
* On-site car parks for 15
* Spacious 2 bedroom, 1 bathroom caretakers residence (open plan lounge and kitchen).
This freehold property is now on the market. Your expressions of interest are welcome by close of business, November 29th, 2019. Enquire today for more information.
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Property History for 11 Third St, Katherine, NT 0850
- 18 Dec 2020Sold for $519,999
- 17 Oct 2019Listed for Sale EXPRESSIONS OF INTEREST BY 29TH NOVEMBER, 2019
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0About 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 1,225 properties. Over the last 5 years, Houses in Katherine have seen a 10.63% increase in median value, while Units have seen a 10.24% increase. As at 30 September 2024:
- The median value for Houses in Katherine is $346,112 while the median value for Units is $194,753.
- Houses have a median rent of $500 while Units have a median rent of $385.
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