Mareeba Property Office has pleasure in presenting for sale this quality built villa complex positioned in a sought after location within walking distance to Coles and convenient to all town amenities, primary schools and churches. Built by Betta Homes Queensland in 2010 and situated on a 1501m2 lot, this complex of 4 villas is currently returning an income of over $6,000 per month; presenting a fantastic investment opportunity for investors to snap up now. • 12 Beds • 7 Baths • 8 Car Accommodation + off-street parking The villas are constructed from rendered masonry block on the outside and plasterboard walls on the inside, with Colorbond roofing. Villas 1, 2 & 3 feature 3 bedrooms and 2 bathrooms + double garage, while villa 4 has 3 bedrooms and 1 bathroom + single garage and additional car park space. Off-street parking is also available. Each villa is independent of the other, has its own private yard area (fully fenced) and all services are separate. Modern, neutral colours and spacious, open plan living make these villas (with air-conditioning in the main bedroom and living room) a delight to live in. Their fully tiled floor areas are great for easy home maintenance, the modern kitchens feature a 4 burner gas cook top and under bench oven, dishwasher and pantry storage. The main bedroom in each villa includes a walk-in robe and ensuite, while the remaining two bedrooms have built-in robes. Security screens on all windows and doors provide peace of mind for villa occupants. There are ceiling fans throughout. An internal laundry and tiled patio area at the rear of each villa complete the picture. Here, villa occupants can enjoy the size of a house without the high maintenance of a yard. No common walls and extra space between all neighbours are further advantages associated with the villa complex. With this investment, income is spread across 4 separate rentals, so when 1 tenant decides to relocate, you still have the benefit of still receiving income from the other 3 villas. The current owners have enjoyed a low vacancy rate over many years due to the complex’s prime location and proximity to the Mareeba town centre. Is there a better investment opportunity in Mareeba? Do the sums... This perfectly positioned villa complex is an immediate income earner, has an excellent occupancy and rental history and represents an outstanding residential property asset for the astute investor to acquire. If property investment is on your radar, put this villa complex on your “must see” list. You won’t want to miss out on this excellent buying opportunity. From all of us at Mareeba Property Office, we wish you every success with your property search. If you would like more details on this property, or to chat about one of the many other properties we have available, please call or email us today.
