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38 Martin Avenue, Mareeba$850,000
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38 Martin Avenue

Mareeba, QLD 4880, Australia
$850,000
5 bed 3 bath 4 car809 m²

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About this property

Been chasing the ultimate investment opportunity? Positive gearing an essential on the checklist? Stop and have a look at 38 Martin Avenue, Mareeba. With a renovated 3 bedroom, 1 bathroom main home, and a recently constructed 2 bedroom, 2 bathroom second home, plus a shed out the back, this property sure packs a punch. Currently returning $1,460 per week in a share house structure you have the opportunity of 9% gross return. The main home features a spacious open plan layout for the living, dining and kitchen , with a new kitchen installed as well. There are three bedrooms all with built-ins, 1 bathroom, a laundry, and patio as well with air-conditioning throughout too. The second home was constructed two years ago, with an open plan living, dining and kitchen as well. There are two bedrooms, each with their own ensuite bathroom, and built-ins too. There is a laundry, a front patio, and privacy fencing from the other home. This home also has air-conditioning throughout, and timber vinyl flooring too. The property is located only minutes from the CBD, on a fully fenced 809m2 allotment, with plenty of privacy from the road. There is also a shed, carports and plenty of storage as well. MAIN HOME FEATURES: - 3 bedrooms, all with built-ins, 1 bathroom - Concrete block constructions & internal walls - New kitchen, open plan living, dining & kitchen - Air-conditioned throughout - Timber vinyl flooring to living & bedrooms - 10kw Solar Power System - Rear patio, own laundry SECOND HOME FEATURES: - 2 Bedrooms, with built-ins, 2 bathrooms - Open plan living, dining & kitchen - Air-conditioned & timber vinyl flooring throughout - 2 years old, steel frame Colourbond home - Front patio, laundry - Fully self-contained & separate from other home PROPERTY FEATURES: - 809m2 fully fenced block - 2 bay shed with remote roller door on one door - 2 bay carport, garden/storage shed - Electric slide front gate, Colourbond fencing & fencing between homes - Currently returning $1,460 p/w as a share house - Minutes to Mareeba CBD, all town services To find out more or arrange a Private Inspection contact EXCLUSIVE Agent Vince Costas on 0419 926 691.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
4
Land Area
809 m²
Listed
1 month ago

Repayment calculator

$4,121/month
$2,060 /fortnight
Loan $680,000 at 6.10% over 30 years

Upfront costs

Deposit$170,000
Stamp duty$31,275
Conveyancing (est.)$2,000
Total upfront$203,275
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mareeba

This 5-bedroom house in Mareeba, QLD 4880 sits within reach of public transport, local shops and nearby schools. It is listed 31% above the $650,000 median of 50 comparable houseswithin 5 km.

Schools near Mareeba

  • Mareeba State Schoolprimary · Prep-6 · CoEd
  • St Thomas' Schoolprimary · Prep-6 · CoEd
  • Two Rivers Community Schoolprimary
  • Mareeba State High Schoolsecondary · 7-12 · CoEd
  • St Stephen's Catholic Collegesecondary · 7-12 · CoEd

What's nearby

  • mareeba Walsh street (bus)2.9 km away
  • Hansen Ford2.3 km away
  • Arnold Park2.9 km away
  • Mareeba Mountain Goats Skills Park3.1 km away
  • Firth Park3.1 km away

Mareeba at a glance

Full suburb profile
Population
11,825
Median age
41
Household income
$1,282/wk
Median rent
$285/wk
Median mortgage
$1,495/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mareeba price trend

Median sold · House 5+ bed

Compound growth +10.6% / yr over 4 yrs

$703kcurrent median

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Price history

Price history

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1 price change recorded for this property

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