6 Forscutt Place, Katherine East NT 0850

3-bedroom, 1-bathroom on 1010m² | 260m² building with grand backyard | parkland neighbour | high side of Katherine market | FTTP and 4G present The property’s strongest buying case lies in its substantial 1010m² lot with 26% site coverage, leaving a rare grand backyard that adjoins parkland-a configuration edge in Katherine’s residential market. The 3-car spaces and shed add functional depth for a family or investor seeking land value with existing dwelling. The zoning is straightforward with no overlays, and the building’s 4m roof height suggests future extension potential. This suits a buyer prioritising outdoor space and positional quiet over interior polish. The primary risk is the single bathroom, which limits appeal to families and may cap rental growth despite the strong $470pw estimate. The 2012 last sale date means limited recent price evidence, and the $245k-$330k value range signals market uncertainty. The opportunity is to negotiate below the $299k list using the bathroom constraint as leverage, then hold for land appreciation or add a second bathroom for yield lift. Use the parkland adjacency and FTTP as retention anchors.