24 Stephens Street, Dimbulah, Qld 4872

EOI Invited - Closing 07.08.2026

Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings
809 m²
Area

Published on Monday, July 13, 2026 ( See property details for 24 Stephens Street, Dimbulah, Qld 4872)

EOI Invited - Closing 07.08.2026

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully furnished, high-yield investment property comprising four self-contained units in the heart of Dimbulah, offering strong returns and flexible leasing options.

🏡 Property Highlights

  • Impressive 14% net return on investment
  • Fully furnished complex of four self-contained units
  • Prime central location in Dimbulah close to amenities
  • Strong demand from farm workers, contractors, and tenants
  • Potential for both current room-by-room operation and individual leasing
  • Well-maintained, modern two-bedroom units with air conditioning

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Open-Plan Living
  • Fully fenced
  • Outdoor Area
  • Garage / Secure Parking
  • Shed
  • Water tank
  • Wi-Fi connected to the property
  • Modern kitchens

Dimbulah is a vibrant farming community on the Atherton Tablelands, known for its productive agriculture and strong rental demand. The suburb offers convenient access to local amenities, medical facilities, schools, and parks, making it an attractive location for tenants and investors alike. Its central position ensures easy connectivity to surrounding regions, supporting ongoing growth and stability. The area benefits from limited motel-style accommodation, creating a consistent demand for quality rental housing. With a friendly community atmosphere and a focus on regional development, Dimbulah presents a promising opportunity for long-term property investment.

What is the current rental income and potential for future growth?
The property currently generates approximately $2,720 per week from all four units, with an estimated net return of around 14%, indicating strong income potential and growth prospects.
Are the units fully furnished and ready for tenants?
Yes, all units are fully furnished with furniture, kitchen appliances, washing machines, utensils, and bed linen, allowing for immediate occupancy or leasing.
What amenities are included in each unit?
Each unit features modern kitchens, spacious open-plan living areas, two bedrooms with built-in wardrobes, combined bathroom and laundry facilities, split-system air conditioning, and private outdoor space.
Is there parking available for tenants?
Yes, the property offers undercover parking for four vehicles through two double carports.
What is the condition of the property and its maintenance history?
The complex is well-maintained, with modern, functional kitchens and air conditioning throughout, ensuring long-term durability and tenant appeal.
Are there any zoning restrictions or easements affecting the property? What are the total ongoing costs, including rates, insurance, and maintenance? Are there any planned developments or construction nearby that could impact the property? Has the property been inspected for structural issues or defects? Are there any existing or pending strata or body corporate arrangements? What are the flood or bushfire risks in this area? Is the property compliant with all local council regulations and permits? Are there any restrictions on lease terms or tenant types? What is the history of the property's occupancy and rental performance? Are there any hidden costs or upcoming capital works planned for the property?

24 Stephens Street, Dimbulah, Qld 4872 - More Details

EOI Invited - Closing 07.08.2026

EXPRESSIONS OF INTEREST INVITED - OFFERS CLOSE 5PM ON FRIDAY 7 AUGUST 2026

Positioned in the heart of Dimbulah, one of the Atherton Tablelands' productive farming communities, this fully furnished complex of four self-contained units presents an exceptional opportunity for investors seeking immediate cash flow and long-term growth potential.

Returning an impressive 14% (approximate) net return, this property is a proven performer with multiple income options. Continue operating the property in its current successful room-by-room accommodation model or explore the opportunity to lease each unit individually.

Demand for quality accommodation in Dimbulah continues to remain strong, with limited motel-style accommodation available and ongoing demand from farm workers, contractors and local tenants. This creates a unique opportunity to secure an income-producing asset in a tightly supplied market.

Set on an 809m² freehold allotment, the complex comprises four well-maintained air conditioned two-bedroom units, each offering generous open-plan living, modern kitchens, spacious bedrooms and practical combined bathroom and laundry facilities. Seven of the eight bedrooms include built-in wardrobes, while split-system air conditioning ensures year-round comfort. Every unit is fully furnished, allowing a seamless transition for the incoming owner.

Outside, the property offers undercover parking for four vehicles, two storage sheds and a private, fully fenced backyard, while its central location places tenants within easy walking distance of the town centre, new medical clinic, schools, shops and local parks.

Property Highlights:
• 809m² freehold allotment in the heart of Dimbulah
• Four well-maintained, fully self-contained 2-bedroom units
• Total of 8 bedrooms and 4 bathrooms
• Chattels inventory includes furniture, kitchen appliances, washing machines, utensils & bed linen
• Split-system air conditioning throughout
• Seven of eight bedrooms feature built-in wardrobes, all bedrooms are carpeted
• Spacious open-plan tiled living, dining and kitchen areas
• Modern, functional kitchens
• Large, combined bathroom and laundry in every unit
• Undercover parking for four vehicles (2 double carports)
• Two storage sheds
• Private, fully fenced rear yard
• Wi-Fi connected to the property
• Current accommodation model returns => $680 per unit per week => $2,720 for 4 units per week
• Estimated net investment return of 14% on average
• Walking distance to the new medical clinic, shops, schools and local amenities
• Strong demand for worker, contractor and long-term accommodation within Dimbulah
• Rates: approx. $4,339.42 per 6 months | Insurance $500 per month (rooming accommodation)

Whether you're searching for a high-quality regional investment or a versatile property with excellent future accommodation potential, this is a rare opportunity that combines strong returns with long-term flexibility.

From all of us at Mareeba Property Office, we wish you every success with your property search. For more information or to arrange an inspection of this property, please call or email us today.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.


Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4
Area
809 m²

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