Iconic property available for purchase in the heart of the Katherine CBD. Located at the crossroads of the Stuart and Victoria Highways, this property is primly located for its business as a Camping, Fishing and Firearms retailer. Regardless of the season this building sees a lot of foot and road traffic from tourists and locals alike as they prepare themselves for camping or hunting, a mainstay in the rural Territory. This property has adequate public parking at the front and rear of the building, providing accommodating parking in the rear for caravans and trailers.

Many successful businesses have set up shop within the walls of 58 Katherine Terrace. The property can be subdivided back into 4 tenancies if need be in the far future. With security screens, fully air-conditioned, fully fenced and lots of storage area for stock, this property is well equipped to maintain a successful business, ensuring high rental returns for the avid investor!

Current rental return of 9.3% with a secure tenant until August 2032

For specific information regarding the lease, building reports, maintenance history and running costs, please contact Kelly or Kourtney on 8972