29 Basalt Street
Mareeba, QLD 4880

Overview

High Yield Dual Living Opportunity!

Set on a 708 square meter allotment in the heart of Mareeba, this exceptional dual-living property offers a unique opportunity for flexibility, strong income potential, and outstanding versatility. Featuring two fully self-contained residences on a single title, it caters to a wide range of buyers whether you aim to maximize rental returns, accommodate extended family, or secure a home with additional income. The combined rental return is $1,790 per week, and there are no body corporate fees, making this a smart investment option while still allowing you to live in one residence and generate income from the other.

Rear House:
The rear residence is a contemporary concrete block home designed for comfortable, low-maintenance living. It includes three spacious bedrooms with built-in robes, a master bedroom with a large walk-through wardrobe and ensuite featuring a dual shower, and a modern main bathroom with a shower, bathtub, and separate toilet. The light-filled open plan living and dining area is equipped with split system air conditioning. The well-appointed kitchen features quality appliances, a breakfast bar, and ample bench and cupboard space. Additional highlights include an expansive covered patio and an internal laundry with direct outdoor access. This residence currently achieves a rental income of $1,050 per week.

Front House:
Positioned at the front of the property, the second residence offers charm, space, and flexibility. It features an enclosed front porch, two bedrooms with split system air conditioning, a sunroom or office space, and a master bedroom with a walk-in robe. The functional kitchen includes an electric cooktop, and the spacious living areas complement the Queenslander style home, which showcases timber floors, tongue and groove walls, and casement windows. This residence currently achieves a rental income of $740 per week.

Additional Property Highlights:

• Dual-living opportunity with two separate residences on one title
• Fully fenced 708 square meter allotment with electric gate and concrete driveway
• NBN connected with all town services in place
• Strong investment return with combined income of $1,790 per week
• No body corporate fees

Located centrally in Mareeba, this property offers outstanding convenience with Coles, local shops, and the CBD all within walking distance. Schools, the hospital, and essential amenities are just minutes away, making it an ideal location for families and investors alike.

Disclaimer:
All information contained herein is gathered from sources believed to be reliable. Every effort has been made to ensure accuracy; however, no responsibility is accepted for any errors, omissions, or inaccuracies. Prospective purchasers are encouraged to conduct their own enquiries to verify the information provided.

Location