FOR SALE
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114 Walsh Street
Mareeba QLD 4880

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 1012m2
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ESTABLISHED UNIT COMPLEX – 4 X 2 BEDROOM + 1 BATHROOM + 1 CAR

This well-positioned unit complex is an immediate income earner, has an excellent occupancy and rental history and represents an outstanding residential property asset for the astute investor to acquire.
You can’t beat this complex's great location right in the heart of the Mareeba township and their strong and sturdy masonry block construction inside and out means low maintenance and upkeep are notable highlights. The current owners are now ready to move on to make way for new owners to continue benefitting from the strong and consistent rental return over many years.
Located within easy walking distance to all town amenities and with plenty of street parking, this is a renter’s dream location to secure a place to live – close to everything! Tenants love the no mowing and simple gardens to maintain.
With this investment, income is spread across 4 separate rentals, so when 1 tenant decides to relocate, you still have the benefit of receiving income from the other 3 units.
The current owners have enjoyed a low vacancy rate over many years due to the complex’s prime location and proximity to the Mareeba town centre.
If residential property investment is on your radar, put this unit complex on your “must see” list. You won’t want to miss out on this excellent buying opportunity.
From all of us at Mareeba Property Office, we wish you every success with your property search. For more information or to arrange an inspection of this property, please call or email us today!
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property Details for 114 Walsh St, Mareeba

114 Walsh St, Mareeba is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1012m2. The place is currently for sale with Mareeba Property Office.

Building Type
BlockOfUnits
Land Size
1012m2

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About Mareeba 4880

The size of Mareeba is approximately 480.2 square kilometres. It has 30 parks covering nearly 48.1% of total area. The population of Mareeba in 2011 was 10,181 people. By 2016 the population was 11,091 showing a population growth of 8.9% in the area during that time. The predominant age group in Mareeba is 0-9 years. Households in Mareeba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mareeba work in a labourer occupation. In 2011, 62.2% of the homes in Mareeba were owner-occupied compared with 63.4% in 2016.

Mareeba has 6,113 properties. Over the last 5 years, Houses in Mareeba have seen a 61.26% increase in median value, while Units have seen a -1.83% decrease. As at 31 October 2024:

  • The median value for Houses in Mareeba is $453,367 while the median value for Units is $294,033.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 119 properties listed for sale, and 9 properties listed for rent in Mareeba on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Mareeba.

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