207 Walsh St, Mareeba is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1940. The property has a land size of 741m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Ideally situated directly across from the Coles Mareeba Shopping Centre is this two-by-two unit duplex. An excellent addition to any investment portfolio this 741m2 allotment is a prime real estate opportunity located in the heart of town, with plenty of added potential.
The units are in original condition and currently offer a very strong rental return of $430 per week. With some renovation, could offer even stronger returns not to mention the future capital growth because of the convenient location. Each fully self-contained unit includes two generous size bedrooms, a bathroom and toilet as well as an open plan living area with separate kitchen and external laundry.
Constructed with a chamferboard exterior, tongue and groove internal walls, and a mixture of high and raked tongue and groove ceilings, the very solid duplex can be continued as-is with the current tenants in place, or it could be the perfect canvas for a urban style renovation project.
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 6,037 properties.
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