10 Campbell Terrace, Katherine South NT 0850

Corner block with shed and solar | Walk to Katherine CBD and school | Recent electrical and bathroom upgrade | Rental demand indicated near $650/week The corner configuration and large shed set this house apart in Katherine South, offering rare dual-access practicality for trades, caravans, or additional secure storage. The fully fenced yard with electric gate and two covered entertainment areas suit families or investors targeting tenants who value low-maintenance outdoor living. Solar panels and a new hot water system reduce ongoing costs, and the 2021 sale at $320,000 followed by current pricing near $395,000 suggests measured capital growth in a market where similar blocks are scarce. The main risk is the single bathroom, which may limit appeal for larger households or premium renters. The 2018 bathroom renovation and 2019 solar install are not new, so a buyer should budget for potential mid-term replacement of the hot water system or inverter. The council rates at $2,300 per annum are moderate for the lot size. For an owner-occupier, the location near schools and the hot springs adds lifestyle value; for an investor, the rental appraisal supports a gross yield near 8.5%, though vacancy in Katherine can be seasonal. Hold for steady rental income or occupy and enjoy the workshop and yard.