FOR SALE
$389,000

4/16 Marathon Street
Proserpine QLD 4800

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 173m2
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- Modern Townhouse - Prime Investment Opportunity!

Presenting 4/16 Marathon Street, Proserpine.
This fantastic investment opportunity is conveniently located near all major amenities. Looking for an investment property that requires no major updates? This modern townhouse is currently tenanted until 25th of November 2024 at $520 per week, providing immediate rental income.
Features:
- Open-plan living area, fully tiled with split system air conditioning
- Modern large kitchen with electric oven and cooktop
- Internal laundry
- Three generous-sized bedrooms with built-in wardrobes and split system air conditioning
- Private courtyard with a storage room
- Double bay carport with direct undercover access to Laundry
- Gas hot water
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Property Details for 4/16 Marathon St, Proserpine

4/16 Marathon St, Proserpine is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 173m2. The place is currently for sale with Ray White Whitsunday.

Building Type
Unit
Land Size
173m2

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About Proserpine 4800

The size of Proserpine is approximately 23.4 square kilometres. It has 10 parks covering nearly 2.1% of total area. The population of Proserpine in 2011 was 3,390 people. By 2016 the population was 3,558 showing a population growth of 5.0% in the area during that time. The predominant age group in Proserpine is 50-59 years. Households in Proserpine are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Proserpine work in a trades occupation. In 2011, 57.7% of the homes in Proserpine were owner-occupied compared with 59.5% in 2016.

Proserpine has 1,918 properties. Over the last 5 years, Houses in Proserpine have seen a 77.19% increase in median value, while Units have seen a 56.16% increase. As at 30 November 2024:

  • The median value for Houses in Proserpine is $483,229 while the median value for Units is $280,679.
  • Houses have a median rent of $600 while Units have a median rent of $363.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Proserpine on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Proserpine.

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Sue Shaw
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Ray White Whitsunday
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