2/5 Power Cres, Katherine South is a 2 bedroom, 1 bathroom Unit and was built in 1996. The property has a land size of 209m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Welcome to 2/5 Power Crescent, a charming two-bedroom, one-bathroom ground level brick unit nestled in a complex of nine. This well-maintained unit boasts an open plan living and dining area with air conditioning, providing comfort year-round. Step through sliding glass doors to access the private rear courtyard, perfect for relaxing or entertaining.
The kitchen offers ample bench and cupboard space, complete with a convenient breakfast bar. Both bedrooms feature built-in robes and air conditioning for added convenience. Enjoy the luxury of a newly renovated bathroom with a separate water closet.
Additional features include a separate lock-up storage room, secure laundry facilities, and a privately fenced backyard. Parking is a breeze with a single carport under the main roof.
Benefitting from a great rental return of $400 per week until August 30, 2024, this property boasts a rental yield of approximately 7.9%. Current body corporate fees are $1458 per quarter, with council rates approximately $1778 p/a.
Priced at Offers Over $230,000, this property presents an excellent investment opportunity. Don't let this gem slip away-schedule a viewing today! Contact Ashleigh David on 0438 857 912 for more information.
The size of Katherine South is approximately 6.2 square kilometres. It has 9 parks covering nearly 19% of total area. The population of Katherine South in 2011 was 1,405 people. By 2016 the population was 1,494 showing a population growth of 6.3% in the area during that time. The predominant age group in Katherine South is 30-39 years. Households in Katherine South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Katherine South work in a professional occupation. In 2011, 34.4% of the homes in Katherine South were owner-occupied compared with 38.8% in 2016.
Katherine South has 731 properties. Over the last 5 years, Houses in Katherine South have seen a 22.29% increase in median value, while Units have seen a 24.22% increase. As at 31 August 2024:
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