FOR SALE
$589,000

2 Fenwick Street
Mareeba QLD 4880

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 716m2
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Solid Concrete Block Duplex Opportunity - Close To Town

Investors, take note of this lucrative opportunity!
Introducing 2 Fenwick Street, Mareeba - a solid concrete block, well-maintained 3-bedroom duplex situated on a 716 square metre corner block. This investment presents a steady income stream with the benefit of low-maintenance construction.
In total, there are six bedrooms, two bathrooms, and a double carport. This property promises a solid investment with its symmetrical layout, each unit comprising three bedrooms, a separate toilet, internal laundry facilities, and a bathroom configured for convenient and easy access for all age groups.
The heart of each unit is the open-plan living, dining, and kitchen area, all kept comfortable with split-system air conditioning. The kitchens are practical and spacious, boasting ample cupboard space and room to move, ensuring functionality for occupants. Each unit has its own welcoming front patio, and out back, their own garden shed and lawn locker.
Concrete footpaths surround the entire property, and privacy is taken into consideration with a dividing fence between the units at the rear, allowing each unit its own private outdoor space. Unit 1 has a fully fenced yard, suitable for pets. Additional features include air conditioning and security screens on all windows and doors, providing peace of mind and an added sense of safety.
Currently, the property is tenanted to two long-term tenants and generates $710 per week in rental income. Seize the chance to add this gem to your investment portfolio!
Property Features Include:
• 2 x 3-bedroom, 1-bathroom units
• Concrete block duplex (internal & external)
• Security screens on doors and windows
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Property Details for 2 Fenwick St, Mareeba

2 Fenwick St, Mareeba is a 6 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 716m2. The place is currently for sale with Mareeba Property Office.

Building Type
DuplexSemi-detached
Land Size
716m2

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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 6,119 properties. Over the last 5 years, Houses in Mareeba have seen a 47.48% increase in median value, while Units have seen a -2.18% decrease. As at 30 November 2024:

  • The median value for Houses in Mareeba is $473,021 while the median value for Units is $415,949.
  • Houses have a median rent of $485 while Units have a median rent of $350.
There are currently 118 properties listed for sale, and 7 properties listed for rent in Mareeba on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Mareeba.

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Mareeba Property Office
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