30 Cox Cres, Katherine NT 0850

3 bed family house | 1140sqm block Katherine | tenanted $500pw until 2026 | strong yield opportunity The property offers a rare combination of a large fully fenced block and a proven rental income stream in a market with consistent demand. Its elevated design and modern kitchen are competitive advantages for a family buyer seeking space and privacy, while the existing tenancy until March 2026 provides immediate cashflow for an investor. The location near primary schools and absence of hazard overlays reduces friction for owner-occupiers. The main risk is the age of the house requiring periodic maintenance, though this is offset by the 7% gross yield and the flexibility to occupy after the lease ends. The block size allows for future subdivision potential subject to council approval, adding strategic value. This property works best as a buy-and-hold investment or a first home with an income buffer.