OFF MARKET

45 Mason Street
Mareeba QLD 4880

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 1012m2
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Property Details for 45 Mason St, Mareeba

45 Mason St, Mareeba is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1012m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1950
Floor Size
113m2
Land Size
1012m2
Local Government
Mareeba
Lot/Plan
27/M35629

Last Listing description (September 2022)

If you are looking for a great home in a central location, then look no further as we have found the property for you. Welcome to 45 Mason Street, Mareeba. Owner occupiers and investors alike will be impressed with this property as the location and potential are unmatched in both categories!

For Investors:

Although currently vacant, the property has been a lucrative investment for the current owner, and the amazing rental returns have been the reason they have held onto the property for so long. A change in investment strategy is the only reason it has come onto the market.

With four bedrooms, a renovated bathroom and a separate toilet, you will have a wide range of options when it comes to tenants as well. A rental appraisal conducted in late May has the property at $370 per week in the current permanent rental market, with the owner renting it to local farm workers for well above that in the past! In this central location, just a short stroll to Coles and close to all amenities, your tenants will love the fact that everything is so close!

The real potential is in the land, these properties have been very sought after in the current market and this one will be no different. This block is a quarter acre of Medium Density zoning, which is perfect for future development, so now you have the perfect combination for a savvy investor. Rent it now, develop it later!

For Owner Occupiers:

The Queenslander charm and character that comes from this property will be the main attraction. A weatherboard exterior, tongue and groove internal walls, high ceilings, hardwood timber floors, casement windows and all of the other little characteristics that we've come to love in a Queenslander! And take a look at those gorgeous bay windows!

Recently freshened up with a new bathroom and a fresh coat of paint to the exterior the home has had some TLC given to it in recent months. The kitchen is functional and while much of the home has vinyl floor coverings, it is clear to see what is possible underneath, with one bedroom displaying beautiful polished timber floors.

There are four bedrooms in total, two feature large bay windows and are at the front of the home with the other two close by. The living area is central to the home, with the laundry and bathroom at the rear. The bathroom has been renovated and is tiled from floor to ceiling, and there is also a separate toilet.

Out the back there is a covered patio with concrete floor which overlooks the spacious back yard, plenty of room for the kids to play, or pets to run around, and there is a handy shed on the property as well.

- Cute Queenslander in a great location
- Weatherboard exterior, tongue and groove interior
- Timber floors and beautiful casement windows
- 4 bedrooms and 1 bathroom, separate toilet
- Central living area and functional kitchen
- Recently freshened with a coat of paint outside
- Renovated bathroom convenient to laundry
- Covered patio overlooks the spacious backyard
- Handy corrugated iron shed
- Medium density zoning, great for development
- Fenced 1,012m2 allotment

Don't let this one slip through your fingertips, for more information, or to book your private inspection, call EXCLUSIVE agent Remo Esposito on 0401 969 473 today!

Property History for 45 Mason St, Mareeba, QLD 4880

A timeline of how this property has performed in the market
Last Sold
$282,500
07 Jul 2022
  • 07 Jul 2022
    Sold for $282,500
  • 20 May 2022
    Listed for Sale $289,000
  • 29 Mar 2014
    Transferred for $171,000
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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 6,124 properties. Over the last 5 years, Houses in Mareeba have seen a 57.52% increase in median value, while Units have seen a 19.78% increase. As at 31 July 2024:

  • The median value for Houses in Mareeba is $425,184 while the median value for Units is $264,348.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 123 properties listed for sale, and 10 properties listed for rent in Mareeba on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Mareeba.

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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.