19 Bradshaw Cres, Katherine East NT 0850

Modern 4-bedder in Casuarina Stage 2 | Tenanted $800/wk until Mar 2026 | Premium Katherine East pocket | Dual living potential with two garages The buying case rests on the rare combination of a modern build in a premium pocket of Katherine East, secured with a tenancy that covers holding costs at $800 per week. The dual garage and four-bedroom configuration with an office zone give this house genuine flexibility for a family or an investor seeking separation of space. The fully fenced low-maintenance block and undercover entertaining area reduce ongoing upkeep, which matters in this climate. This property suits a buyer wanting immediate yield with a tenant in place, or a family looking for a turnkey home in a quiet street near primary schools. The main risk is the land size discrepancy between 480m² and 1390m², which could affect future subdivision potential or resale clarity. The $620,000 asking price sits well above the older estimated value, so the buyer is paying for the current market and the tenancy, not a discount. The opportunity is the locked-in rental income through March 2026, giving time for the market to absorb any overhang. Hold this property for cash flow and reassess at lease end.