22 Gregory Court, Katherine East NT 0850

Quiet cul-de-sac | 824m² block | three-bedroom with two bathrooms | low-density zoning | move-in ready This property occupies a competitively rare position in Katherine East: a fully fenced 824m² block on a quiet cul-de-sac, with low-density zoning that gives a buyer genuine optionality. The house itself is practical and upgraded-open-plan living, island kitchen, split-system aircon throughout, built-in robes, double carport with drive-through access. What matters most is the land-to-building ratio and the secure, family-friendly yard. For a first-home buyer or small family, this removes the need for immediate work and delivers a low-maintenance layout with good indoor-outdoor flow. The street’s high owner-occupier rate and long-term residents signal stable demand. The risk here is limited upside from the house itself-it’s functional, not aspirational, and the single living area may feel tight for larger families. The opportunity is in the land: the 824m² lot with low-density zoning could support future subdivision or a granny flat, subject to council approval. That potential is not priced in at current levels. Nearby schools and a well-regarded pocket reduce vacancy risk if rented. Hold this property for its land value and let the zoning work for you over time.