OFF MARKET

3/14 Pearce Street
Katherine South NT 0850

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10857m2
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Property Details for 3/14 Pearce St, Katherine South

Building Type
Commercial
Land Size
10857m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 572/OP 001453

Last Listing description (August 2021)

This property is for sale by Openn Negotiation - https://bit.ly/32rGOlq

The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow.
Contact the Agent immediately to become qualified and avoid disappointment.

Text 'PEARCE' to 0488 810 057 for all property information.

Located in a key commercial precinct just off the Victoria Highway, less than 5 minutes to Katherine town centre. This strategic commercial holding will be ideal for an investor seeking to secure a premises with great returns.

This quality building offers a large workshop/storage space including office space and kitchenette, quality steel and block construction and street frontage.

The complex situated on 1.08Ha has ample off-street parking for staff and clients.

Shed 3 is occupied by a courier company on a periodic tenancy.
Current rental is $1,360 (approx.) per month + GST.
To arrange a private inspection of this property please contact Tom Kiem on 0413 821 871.

Council Rates: Approx.$ 1,780 per annum
Year Built: 1984 (approx.)
Zoning: LI (Light Industry)
Body Corporate: Whittles Body Corporate
Body Corporate Levies: Approx. $1,230 per quarter
Vendors Conveyancer: Law Lab Conveyancing
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: (none found)

Please Note: the area stated in an approximate figure based on the information we have, and the Unit Plan (available on Web Book)

Property History for 3/14 Pearce St, Katherine South, NT 0850

A timeline of how this property has performed in the market
Last Sold
$305,000
12 Aug 2021
  • 12 Aug 2021
    Sold for $305,000
  • 22 Apr 2021
    Listed for Sale SOLD

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About Katherine South 0850

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 17.25% increase in median value, while Units have seen a 12.51% increase. As at 31 October 2024:

  • The median value for Houses in Katherine South is $321,883 while the median value for Units is $233,072.
  • Houses have a median rent of $443 while Units have a median rent of $325.
There are currently 1 property listed for sale, and 1 property listed for rent in Katherine south on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Katherine south.

Suburb Insights for Katherine South 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.