3/10-12 Acacia Drive, Katherine East NT 0850

| gated security | community pool | high rental yield 7.4% | renovated kitchen | no flood risk | The property positions a buyer well in Katherine East’s rental market, with a 7.4% gross yield and $460+ weekly rent that exceeds the mortgage cost at current rates. Its renovated kitchen, air conditioning, and secure gated complex with a pool give it an edge over older townhouses in the area, making it suitable for an investor seeking immediate positive cash flow or a first-home buyer wanting low-maintenance living near schools and the CBD. The main risk is the $1,243 quarterly body corporate fee, which eats into net returns and may rise with sinking fund demands. The absence of built-in storage in the third bedroom slightly limits appeal for families. However, the low council rates and no flood or bushfire overlay reduce holding costs. This property works best as a buy-and-hold rental, where the yield and security features attract long-term tenants.