31 Inskip Cres, Katherine East NT 0850

Near-new build | 4 bedrooms plus rumpus | government lease in place | Katherine East pocket The property sits in a tightly held pocket of Katherine East, where near-new stock with a rumpus room and walk-in robe is rare. The government lease gives a buyer immediate, predictable income without tenant risk, and the configuration-four bedrooms, two bathrooms, separate rumpus-suits both families and investors seeking long-term government tenants. The outdoor entertainment area and solar hot water add practical value in the Territory climate, though they are not premium differentiators. This house serves best a buyer wanting a hands-off investment with stable cashflow or a family moving into a ready-to-occupy home in a school-friendly location. The main risk is the asking price above the estimated value range, which may limit short-term capital growth. The government lease locks in rental income but also ties the property to a single tenant type, reducing flexibility if the market shifts. Opportunities lie in the secure cashflow and the property’s relative newness, which lowers maintenance costs for the first decade. Hold this house for the income stream first, capital appreciation second.