Sold

72 Mason Street, Mareeba, Qld 4880-Image

72 Mason Street, Mareeba, Qld 4880

Offers Over 395,000

Duplex/Semi-detached

Type

Bedrooms

Bathrooms

Parkings

816 m²

Area

Last updated on Friday, June 05, 2026 ( See property details for 72 Mason Street, Mareeba, Qld 4880)

Offers Over 395,000

Rosy Maccarrone - Real Estate Agent - Cairns Property Office - Cairns

Rosy Maccarrone CPO City Sales

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AI Property Insight

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

A solid, character-filled duplex investment with a bonus flat, offering great rental income potential and scope for renovation.

🏡 Property Highlights

Solid investment with two duplex units plus a bonus flat/study
Currently generating over $35,000 annual rental income
Updated kitchen and open-plan living areas in Unit 1
Own outdoor spaces and carports for each unit
Potential for further income growth with renovation of the flat
Sold on a walk-in, walk-out basis, ready for immediate ownership

✨ Key Features

Air Conditioning
Open-Plan Living
Outdoor Area
Built-in Robes
Garage / Secure Parking
Ensuite
Waterfront / Views
Security Screens / Gates
Extra Storage (Shed/Linen)
Pet-Friendly

Suburb and Property Insights of Mareeba, QLD 4880

Mareeba is a vibrant regional town known for its strong community spirit and growing rental market. Key points include: excellent connectivity to local amenities, a friendly neighbourhood atmosphere, a diverse range of properties suitable for investors, proximity to natural attractions, and a steady demand for rental properties ensuring ongoing income opportunities.

Frequently Asked Questions

What is the current condition of the property and what renovations are needed?

The property is solid but requires some cosmetic updates such as fresh paint, minor upgrades, and possibly some modernisation to maximise its potential.

What is the rental income potential and vacancy rate?

The property currently generates over $35,000 per year in rental income, with tenants lining up, indicating strong demand and low vacancy rates.

Are there any planning or zoning restrictions I should be aware of?

The property is zoned for residential use, suitable for investment and renovation, with no known restrictions affecting its current use.

What are the ongoing costs associated with the property?

Annual rates are approximately $2,700, with additional costs for maintenance, insurance, and potential upgrades.

Is the property suitable for future development or expansion?

The current layout and zoning support renovation and potential expansion, subject to local council approvals.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance issues not disclosed? Has the property been inspected for structural issues or pests? Are there any zoning or planning restrictions that could affect future renovations? Is there any history of flooding or bushfire risk in the area? Are there any planned developments or construction nearby that could impact the property’s value or livability? What are the terms of the current lease agreements for the tenants? Are there any strata or body corporate fees applicable if applicable? Has the property been compliant with all local building codes and regulations? Are there easements or covenants affecting the property? What are the long-term prospects for property value growth in Mareeba?

72 Mason Street, Mareeba, Qld 4880 - More Details

Offers Over 395,000

Type: Duplex/Semi-detached
Bedrooms: 5
Bathrooms: 3
Parkings: 3
Area: 816 m²

72 Mason Street, Mareeba, Qld 4880 - Point Of Interest

Locate Near By Places of 72 Mason Street, Mareeba, Qld 4880 On Map

Your Commute at a Glance: 72 Mason Street, Mareeba, Qld 4880

Email Enquiry To Cairns Property Office - Cairns

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72 Mason Street, Mareeba, Qld 4880

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