FOR RENT

5 Katherine Terrace
Katherine NT 0850

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 11600m2
This property is currently on the market
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Property Details for 5 Katherine Tce, Katherine

Building Type
Commercial
Year Built
1987
Floor Size
120m2
Land Size
11600m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 2577/LTO86/094

Last Listing description (November 2023)

Versatile leasing options ranging from 40.7 m2 151.5m2, available at Katherine Central, Katherine's premier retail shopping location. Katherine Central is a convenient, modern, one-stop shopping experience in which patrons can enjoy shopping in air-conditioned comfort, with plenty of free parking. This busy shopping centre is situated in the heart of the Katherine CBD and offers great exposure being prominently located on Katherine Terrace. The centre is anchored by Woolworths, Kmart and BWS, and contains a variety of food, retail, and specialty stores.

Katherine's dominant retail centre.

Fantastic anchor tenants.
Great exposure to main road.
Plenty of parking.
Range of options available.

Versatile leasing options ranging from 40.7m2 151.5m2, now available for retail, office & professional service-based tenants.

Shop 1 - 92.3 m2 - $55,380 pa + GST + outgoings.
Shop 2 - 40.7 m2 - $40,700 pa + GST + outgoings.
Shop 5 - 142 m2 - $160,460 pa + GST + outgoings - can be subdivided.
Shop 12 - 151.5 m2 - $136,350 pa + GST + outgoings - can be subdivided.

Take this opportunity to establish your business in Katherine's premier shopping location. For more information or to arrange an inspection contact the agent or email darwin@ljhc.com.au

Property History for 5 Katherine Tce, Katherine, NT 0850

A timeline of how this property has performed in the market
Last Sold
$28,875,000
31 Oct 2019
Listed for Rent
$1.39k/w
18 Aug 2023
  • 31 Oct 2019
    Sold for $28,875,000
  • 25 Sep 2015
    Listed for Rent - Price not available
  • 08 Sep 2015
    Sold for $27,900,000
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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 1,224 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.
There are currently 24 properties listed for sale, and 7 properties listed for rent in Katherine on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Katherine.

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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.