SOLD
Sold on 12 Dec 2024 - Price Unavailable

19 First Street
Katherine NT 0850

Bedrooms: -
Bathrooms: -
Car spaces: 9
Floor area: 105m2
Land area: 2020m2
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Property Details for 19 First St, Katherine

Building Type
Commercial
Year Built
1980
Floor Size
105m2
Land Size
2020m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 50/OP 001444

Last Listing description (September 2022)

Profitable, High Profile, well run business, are just some of the cachwords applying to this fantastic opportunity. Supplying a large range of office supplies and equipment to the township of Katherine and to Central Northern Territory, the owner is ready to throw the feet up, and enjoy the fruits of a long working life. This is the sole outlet in Katherine supplying office supplies.

The business trading as Katherine Office Supplies is offered with access to a long and secure lease on the current well presented premises which is well located in Katherine CBD on First Street, Katherine. It is directly across from the Katherine Cinema and just up the road from McDonalds. This high profile location ensures a steady flow of customers past the doors, ample carparking, in combination with the central location is perfect for both pick up and delivery options. The well appointed buildings have ample room for expansion of the inventory, or other new stock items.

With a captive market of around 10,500 in the township, and another 15,000 in the surrounding area, the business has traded successfully for many years. Accountants books are avaialble to qualified purchasers and their advisors.

Property History for 19 First St, Katherine, NT 0850

A timeline of how this property has performed in the market
Last Sold
12 Dec 2024
  • 12 Dec 2024
    Sold
  • 06 Sep 2022
    Listed for Sale POA - Offers invited
  • 14 Apr 2020
    Listed for Sale POA - Offers invited
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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 1,219 properties. Over the last 5 years, Houses in Katherine have seen a 17.00% increase in median value, while Units have seen a 17.52% increase. As at 30 November 2024:

  • The median value for Houses in Katherine is $347,086 while the median value for Units is $209,356.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Katherine on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Katherine.

Suburb Insights for Katherine 0850

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.