Investors, take note of this lucrative opportunity!
Introducing 2 Fenwick Street, Mareeba - a solid concrete block, well-maintained 3-bedroom duplex situated on a 716 square metre corner block. This investment presents a steady income stream with the benefit of low-maintenance construction.
In total, there are six bedrooms, two bathrooms, and a double carport. This property promises a solid investment with its symmetrical layout, each unit comprising three bedrooms, a separate toilet, internal laundry facilities, and a bathroom configured for convenient and easy access for all age groups.
The heart of each unit is the open-plan living, dining, and kitchen area, all kept comfortable with split-system air conditioning. The kitchens are practical and spacious, boasting ample cupboard space and room to move, ensuring functionality for occupants. Each unit has its own welcoming front patio, and out back, their own garden shed and lawn locker.
Concrete footpaths surround the entire property, and privacy is taken into consideration with a dividing fence between the units at the rear, allowing each unit its own private outdoor space. Unit 1 has a fully fenced yard, suitable for pets. Additional features include air conditioning and security screens on all windows and doors, providing peace of mind and an added sense of safety.
Currently, the property is tenanted to two long-term tenants and generates $710 per week in rental income. Seize the chance to add this gem to your investment portfolio!
Property Features Include:
• 2 x 3-bedroom, 1-bathroom units
• Concrete block duplex (internal & external)
• Security screens on doors and windows
• Air-conditioned
• Double undercover carport (1 x single carport for each unit)
• Built-in wardrobes, single-level construction & security screens
• 2 x garden sheds + concrete footpaths
• 1 x dividing privacy fence between units (unit 1 is fully fenced)
• Zoned medium density residential
• **Figures**
• Rental income (combined): $710/week
• Rates approx. $5,880/year
• Insurance: $2,624/year
• More tenancy information available upon request
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, 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.
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