OFF MARKET

32 Mill Street
Mossman QLD 4873

Bedrooms: 5
Bathrooms: 3
Car spaces: 8
Floor area: 47m2
Land area: 1442m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 32 Mill St, Mossman

32 Mill St, Mossman is a 5 bedroom, 3 bathroom House with 8 parking spaces and was built in 1960. The property has a land size of 1442m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1960
Floor Size
47m2
Land Size
1442m2
Local Government
Douglas
Lot/Plan
10/RP706271

Last Listing description (December 2023)

If you fancy a nice little earner with potential to expand then this property with 3 apartments is an absolute rocket!

Live in one and rent out the others, or just rent out the three. With a current income of $875 per week ($42,000 p.a) this property spells out Potential with a capital "P".

The block is huge with a Centre zoning on 1,442 m. The residences sit to the rear of the block and at the front there is room for ample parking for visitors or even another dwelling (STCA).

Unit 1 has been upgraded but, 2 and 3 do require some work but rent out quite well as is. With some cleaver renovating you could be adding to your income and increase the capital growth.

There are also seven external covered parking spaces, these could be upgraded into separate garages, workshops, storage areas or as commercial storage units (worth approx. $30+ each per week, that's an added potential of $210 per week = $10920 p.a. approx.), or build another residence, all (STCA), this property is a license to print money!

This property consists of:

Unit 1 - 3 bed, 1 bath with separate toilet with an rental return of $360 p/w
Unit 2 - 1 bed, 1 bath with separate toilet with an rental return of $240 p/w
Unit 3- 1 bed, 1 bath with separate toilet with a rental return of $275 p/w

**** That's a weekly rental income of $875p/w****

* Unit 1 is top floor with access down the side and use of back yard and small garden shed & undercover parking at front
* Unit 2 is ground floor with undercover parking at your door
* Unit 3 is ground floor with fenced front yard and undercover parking opposite to the unit
** At the entrance to the property there is several parking bays for family & friends or remove and redevelop (STCA)

You will be located in a prime position within walking distance to everything. Mossman is moving ahead with the Botanical Gardens progressing nicely, two primary schools, Mossman High School, Dance Studio, Bowls Club, Mossman Gorge and the list goes on. For wining and dining you are in close proximity to Hughies Wine Bar and Tapas and the Mossman Hotel. And don't think you are stuck out in a rural outback town - Cairns International Airport is only 1hour and 15 minutes away!

If you would like to release the potential in this property contact Nicole now on 0416 033 948 or email nicole@propertyshopmossman.com

Property History for 32 Mill St, Mossman, QLD 4873

A timeline of how this property has performed in the market
Last Sold
$450,000
03 Oct 2023
Listed for Rent
$360/w
22 Jun 2022
  • 03 Oct 2023
    Sold for $450,000
  • 07 Sep 2023
    Listed for Sale UNDER CONTRACT
  • 17 Nov 2022
    Sold for $425,000
Sign in to see more transactions

Commute Calculator

About Mossman 4873

The size of Mossman is approximately 12.1 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Mossman in 2011 was 1,731 people. By 2016 the population was 1,936 showing a population growth of 11.8% in the area during that time. The predominant age group in Mossman is 50-59 years. Households in Mossman are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mossman work in a trades occupation. In 2011, 52.2% of the homes in Mossman were owner-occupied compared with 52.3% in 2016.

Mossman has 1,127 properties. Over the last 5 years, Houses in Mossman have seen a 55.11% increase in median value, while Units have seen a 4.56% increase. As at 31 October 2024:

  • The median value for Houses in Mossman is $552,447 while the median value for Units is $341,822.
  • Houses have a median rent of $490 while Units have a median rent of $350.
There are currently 25 properties listed for sale, and 4 properties listed for rent in Mossman on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Mossman.

Suburb Insights for Mossman 4873

Market Insights
Mossman Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mossman Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.