4 Davis Court, Katherine East NT 0850

Government lease to 2028 | quiet court location | no flood overlay | modest yield for capital city investors The NT Government lease provides guaranteed rental income until March 2028, reducing vacancy risk but capping upside at $800 per week in a market where comparable properties show $760 potential. The quiet court setting and low-maintenance yard make this a functional family house, but the lease term means limited flexibility for owner-occupiers. This property should be held as a secure income-producing position rather than a flipping opportunity, given the lease lock. The 853m² block in a non-flood zone is competitively rare in Katherine East, supporting long-term land value. Features like the entertaining deck and downstairs storeroom add practical utility for tenants or future residents. This property best serves investors seeking predictable cash flow from a government tenant, particularly those prioritizing income stability over capital growth. Recent sales of 6 Davis Court at $600 per week and 4 Providence Court at $760 per week confirm the $800 lease is above market, reinforcing the rental security. Prospective buyers should verify lease renewal terms before committing.