OFF MARKET

6 Marathon Street
Proserpine QLD 4800

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Floor area: 177m2
Land area: 981m2
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Last updated 14 Oct 2024
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Property Details for 6 Marathon St, Proserpine

6 Marathon St, Proserpine is a 12 bedroom, 6 bathroom House with 6 parking spaces and was built in 1980. The property has a land size of 981m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in September 2007.

Building Type
House
Year Built
1980
Floor Size
177m2
Land Size
981m2
Local Government
Whitsunday Regional
Lot/Plan
10/RP706726

Last Listing description (June 2019)

A low maintenance block of six apartments at $155,000 each with no strata fees, SOLID PARCEL with great returns on a 651m2 allotment, this solid block construction has two levels, comprising of six apartments - 3 x 2 bedrooms on the top floor, 3 x 2 bedrooms on ground floor; there is also additional on-site parking.

This could make a fabulous self-funded superannuation investment with absolutely minimum risk. You can continue to rent out - permanently or holiday let; maybe even keep one vacant and use as a holiday apartment for your family. In this location finding tenants is never a challenge and has a healthy rental history.


Located in a residential street in an established part of Proserpine, within a short stroll to cafes, boutiques, dining, shopping, cultural centre, schools, hospital and only 15 mins to the very popular Airlie Beach.

Interest in this opportunity is expected to be high - with enquiries anticipated from all over the nation. You will genuinely have to move quickly to secure this...virtually recession proof, this is money in the bank!

Double level solid block apartments;
6 apartments - 3 x 2 beds, 3 x 2 beds;
One Strata title - no body corporate fees;
Attractive annual income of $68000
651m2 allotment
Ideal superannuation investment - low risk;
Walk to Shops, Cafes, restaurants and schools;
Nothing to spend, money in the bank;

This tightly held property offers a secure and attractive income in one of Proserpine`s great locations, within walking distance to shops, restaurants, schools and close to all medical services.
One strata title, no body corporate fees and is currently returning an income of $68,000per annum - you don't need to do a thing, just bank the cheque!
Be quick - This great opportunity won`t last...

Property History for 6 Marathon St, Proserpine, QLD 4800

A timeline of how this property has performed in the market
Last Sold
$378,000
24 Sep 2007
Listed for Rent
$200/w
14 Oct 2016
  • 03 Apr 2019
    Listed for Sale Not Disclosed
  • 16 Nov 2018
    Listed for Sale $925,000
  • 24 Sep 2018
    Listed for Sale $925,000
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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 1,906 properties. Over the last 5 years, Houses in Proserpine have seen a 85.40% increase in median value, while Units have seen a 85.14% increase. As at 30 September 2024:

  • The median value for Houses in Proserpine is $454,518 while the median value for Units is $301,996.
  • Houses have a median rent of $600 while Units have a median rent of $340.
There are currently 12 properties listed for sale, and 5 properties listed for rent in Proserpine on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Proserpine.

Suburb Insights for Proserpine 4800

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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.