5 Pearce Street

Positioned just outside Katherine's main street, this duplex offers a fantastic entry-level investment with excellent convenience to all town services. Built from solid brick and set on the ground level, each unit is fully self-contained with off-street parking. One is currently rented at $300 per week and the other at $330 per week, providing a steady income stream from day one. While the property would benefit from some modernisation, its location, structure, and rental returns make it a smart starter investment in Katherine's growing market.

Property Highlights: Duplex comprising 2 self-contained units Solid brick construction Ground-level design Current rental income: $300 + $330 per week Off-street parking for both units Convenient location close to the CBD and all town amenities Priced at just $410,000, this is a rare opportunity to secure a dual-income property at an affordable entry point.