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.
RealistIQ deal score
Watch value signal
53
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 38 Martin Avenue, Mareeba before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $75,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $693,000 - $1,158,000Wider ranges mean more uncertainty.
RealistIQ estimate$925,000
Market price guide$850,000
$693,000$1,158,000
Before you inspect, check what similar properties actually sold for.
