Back 22 Stewart Street
Off Market

22 Stewart Street

Mareeba QLD 4880

6
3
880 m²
Block of units
Last sold for $495,000
Katrina KazimKatrina Kazim, last sold this property on 03 November 2025 after 129 days on market.

Overview

TRIPLE INCOME OPPORTUNITY! $40,000+ PA GROSS INCOME POTENTIAL!

Located on a peaceful street within walking distance to Mareeba's CBD, this is a charming triplex that offers THREE delightful 2-bedroom, 1-bathroom units situated on a fenced 880 m² freehold block! This property was last renovated in 2009 and is perfect for investors looking for a multiple income situation, with the potential to value add! NO BODY CORPORATE FEES are applicable, this triplex is held on a single freehold title, and is not part of a strata/body corporate scheme. UNIT 1 (FRONT) - 2 bedrooms, 1 bathroom - High ceilings & vinyl flooring throughout - Small open plan kitchen/dining/living room - New reverse cycle split system to kitchen/dining - Huge bedrooms, second with direct external access - Internal laundry with storage - Rented for $220 per week, new 12 month lease from 4 July 2025 (same tenant since 2010) UNIT 2 (MIDDLE) - 2 bedrooms, 1 bathroom - High ceilings & vinyl flooring - Spacious open plan kitchen/living/dining area - Reverse cycle split-system to living area - Huge main bedroom & sizeable second bedroom - Near new electric stove/oven combo - Spacious bathroom with separate toilet - External semi-enclosed laundry & storage area with concrete floor - Rented for $230 per week, new 12 month lease from 4 July 2025 (same tenant since 2010) UNIT 3 (REAR) - Standalone separate unit with private yard - 2 bedrooms, 1 bathroom - Timber floors to 2 large bedrooms - High ceilings throughout - Convenient kitchen with walk in pantry, laminex benchtops & electric stove/oven - Split-system air-conditioning to master bedroom - Vinyl flooring to main living/dining area - Bathroom with shower & separate toilet - Large concrete outdoor entertaining area + extended paved area - Private fenced rear yard & garden shed - Rented for $320 per week, new 12 month lease from 4 July 2025 (current tenants since Nov 5, 2021) PROPERTY: - Colorbond fencing to left side and rear, timber to right side - 880sqm level allotment (freehold) with plenty of parking & yard space - Walking distance to Mareeba's CBD & schools - Timber cladded exterior, iron roof, timber stumps - New floor coverings & Bunnings kitchens installed in 2009 - Zoned Medium Density Residential - Not affected by flood hazard mapping - Connected to town water, electricity, NBN & sewerage - All units metered individually for electricity - Rates approx $5,000 half yearly (incl. water) - Insurance $3,150 approx Contact EXCLUSIVE agent Katrina Kazim on 0400 710 639!

Features

6 bedrooms
3 bathrooms
880 m² lot size
Block of units

Estimated Value

We need at least 3 similar 6 bedroom block of units sold in Mareeba over the last 12 months.

Property history for 22 Stewart Street

2025
Sold
$495,000
03 Nov 2025 by Katrina Kazim, of Ray White Cairns

Happy sellers in Mareeba

86%
86% of sellers in Mareeba reported that their sale price either exceeded or met their price expectations.

Mareeba stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Mareeba over the last 12 months.

Local market activity for 6 bedroom block of units in Mareeba

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