4/16 Marathon Street
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About this property
This well-maintained modern townhouse offers a fantastic opportunity for investors seeking strong returns and a low-maintenance property. Perfectly positioned close to local shops, schools and essential amenities, this property delivers both comfort and convenience, with a secure tenancy already in place and the current lease due to expire on 21/08/2026, offering a set-and-forget investment with immediate rental income and long-term stability. For first home buyers, the upcoming lease expiry on 21/08/2026 creates a timely opportunity to secure the property and plan a future move, with eligible purchasers able to take advantage of the First Home Buyers Guarantee Scheme, which allows entry into the market with a low deposit. The townhouse features a spacious open-plan living and dining area with tiled flooring and split-system air conditioning for year-round comfort. The modern kitchen is well-appointed with an electric oven, cooktop and ample storage, making it practical for everyday living. Upstairs you'll find three generous bedrooms (main with ensuite), each fitted with built-in wardrobes and split-system air conditioning. Outside, enjoy a private courtyard with additional storage, while the single bay carport provides convenient undercover access to the laundry. Residents also have access to a shared swimming pool and pergola area, perfect for relaxing or entertaining. Property Features: • Open-plan tiled living and dining area with split-system air conditioning • Modern kitchen with electric oven and cooktop • Internal laundry with direct outdoor access • Three spacious bedrooms with built-in wardrobes and split-system air conditioning • Private fully fenced courtyard with storage room • Single bay carport with undercover access to laundry • Gas hot water system • Shared swimming pool with pergola in the complex Investment Details Currently rented at $600 per week (last rental increase 23/01/2025) Lease in place until 21 August 2026 Council rates: $4,088 pa approx Body Corporate fees: $7,763.68 pa approx For further information or to arrange an inspection, contact: Brett Dwyer - 0447 583 759 or email brett.dwyer@raywhite.com
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 173 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Proserpine
This 3-bedroom apartment in Proserpine, QLD 4800 sits within reach of public transport, local shops and nearby schools. It is listed 18% below the $700,000 median of 31 comparable apartmentswithin 5 km.
Schools near Proserpine
- St Catherine's Catholic College The Whitsundayscombined · Prep-12 · CoEd
- Proserpine State Schoolprimary · Prep-6 · CoEd
- Proserpine State High Schoolsecondary · 7-12 · CoEd
What's nearby
- Proserpine (train) — 187 m away
- Colour Me Crazy — 236 m away
- Unnamed — 173 m away
- Mill Street Park — 383 m away
- Unnamed — 519 m away
Proserpine at a glance
Full suburb profile- Population
- 3,614
- Median age
- 42
- Household income
- $1,175/wk
- Median rent
- $260/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Proserpine price trend
Median sold · House 3 bed
Compound growth +16.1% / yr over 4 yrs
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