Positioned just one street back from Mareeba's CBD, this beautifully renovated duplex presents an exceptional investment opportunity in one of the town's most convenient locations. Set on a 607m² freehold, single title allotment with Medium Density Residential zoning, the property comprises two fully self-contained 2-bedroom units that have been thoughtfully updated with contemporary kitchens and bathrooms, fresh paint inside and out, polished timber floors, split-system air conditioning, and quality finishes throughout. Offering low-maintenance solid concrete block construction and excellent tenant appeal, this is an ideal addition to any investment portfolio.
This property offers outstanding flexibility, strong future growth potential & strong rental returns. Each unit enjoys private outdoor living areas, separate laundries, fenced backyards, and individual carports, while the central location places schools, the hospital, shops, and all essential amenities within easy walking distance. This is a rare opportunity to secure a quality dual-income property with immediate returns and long-term upside with future re-development potential.
Key Features
• Freshly renovated duplex on a flat 607m² freehold allotment
• Two self-contained units, each with 2 bedrooms, 1 bathroom and 1 carport
• Solid rendered concrete block construction
• Single title with Medium Density Residential zoning
• Contemporary kitchens, new appliances and dishwashers
• Stylish, fully renovated bathrooms
• Freshly painted internally and externally
• Polished timber floors throughout
• Split-system air conditioning, new lighting and ceiling fans
• Spacious bedrooms with large built-in wardrobes
• Separate living, kitchen and dining areas
• Private outdoor entertaining areas and separate laundries
• Newly installed Colorbond fencing creating private backyards
• Separate exposed aggregate driveways and gated vehicle access
• Currently returning $980 per week total
• Estimated permanent rental return of $500 per unit per week
• Walking distance to Mareeba's CBD, shops, local schools & sporting facilities
• 1hr from Cairns International Airport
• Zoned Medium Density Residential under Mareeba Shire Council
• Not affected by bushfire or flood hazard overlay mapping
• Connected to all town services - water, electricity, sewerage, NBN & garbage collection service available
• Approximate Council rates of $3,500 half yearly
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