OFF MARKET

104 Constance Street
Mareeba QLD 4880

Bedrooms: 12
Bathrooms: 7
Car spaces: 7
Floor area: 107m2
Land area: 1501m2
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Property Details for 104 Constance St, Mareeba

104 Constance St, Mareeba is a 12 bedroom, 7 bathroom Unit with 7 parking spaces and was built in 2011. The property has a land size of 1501m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2011
Floor Size
107m2
Land Size
1501m2
Local Government
Mareeba
Lot/Plan
2/RP710176

Last Listing description (June 2021)

Mareeba Property Office has pleasure in presenting for sale this quality built villa complex positioned in a sought after location within walking distance to Coles and convenient to all town amenities, primary schools and churches.

Built by Betta Homes Queensland in 2010 and situated on a 1501m2 lot, this complex of 4 villas is currently returning an income of over $6,000 per month; presenting a fantastic investment opportunity for investors to snap up now.
12 Beds

7 Baths
8 Car Accommodation + off-street parking

The villas are constructed from rendered masonry block on the outside and plasterboard walls on the inside, with Colorbond roofing. Villas 1, 2 & 3 feature 3 bedrooms and 2 bathrooms + double garage, while villa 4 has 3 bedrooms and 1 bathroom + single garage and additional car park space. Off-street parking is also available. Each villa is independent of the other, has its own private yard area (fully fenced) and all services are separate.

Modern, neutral colours and spacious, open plan living make these villas (with air-conditioning in the main bedroom and living room) a delight to live in. Their fully tiled floor areas are great for easy home maintenance, the modern kitchens feature a 4 burner gas cook top and under bench oven, dishwasher and pantry storage. The main bedroom in each villa includes a walk-in robe and ensuite, while the remaining two bedrooms have built-in robes. Security screens on all windows and doors provide peace of mind for villa occupants. There are ceiling fans throughout. An internal laundry and tiled patio area at the rear of each villa complete the picture.

Here, villa occupants can enjoy the size of a house without the high maintenance of a yard. No common walls and extra space between all neighbours are further advantages associated with the villa complex.

With this investment, income is spread across 4 separate rentals, so when 1 tenant decides to relocate, you still have the benefit of still receiving income from the other 3 villas.

The current owners have enjoyed a low vacancy rate over many years due to the complexs prime location and proximity to the Mareeba town centre.

Is there a better investment opportunity in Mareeba? Do the sums... This perfectly positioned villa 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.

If property investment is on your radar, put this villa complex on your must see list. You wont 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. If you would like more details on this property, or to chat about one of the many other properties we have available, please call or email us today.

Property History for 104 Constance St, Mareeba, QLD 4880

A timeline of how this property has performed in the market
Last Sold
$1,350,000
25 May 2021
Listed for Rent
$300/w
11 May 2011
  • 25 May 2021
    Sold for $1,350,000
  • 18 May 2021
    Listed for Sale Not Disclosed
  • 27 Nov 2019
    Listed for Rent - Price not available
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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 6,114 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 127 properties listed for sale, and 8 properties listed for rent in Mareeba on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Mareeba.

Suburb Insights for Mareeba 4880

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.