Unmatched Investment Opportunity: This Deal Trumps All Others!
- michael short
- Jun 12, 2024
- 2 min read
Today, we're excited to share the story of our latest acquisition—a duplex nestled in Mareeba, QLD, just a short drive from Cairns. Join us as we unveil the details of this remarkable purchase and its potential to redefine our investment portfolio.
The Discovery: Located within easy reach of Mareeba, we stumbled upon a property priced at $280,000. This duplex features two units, each with two bedrooms and one bathroom. Initially rented for $250 per week per side, it's evident that the property was undervalued in terms of rental income potential.
Market Potential: Further analysis revealed a compelling opportunity—the market value for rent in the area is $350 per side. Recent sales data indicated our duplex, with renovation, could rival properties selling for $420,000—a clear indicator of its untapped potential.
Market Dynamics: With a 0% vacancy rate and steady population growth in the Mareeba region, demand for rental properties is on the rise. Additionally, the proximity to Cairns ensures access to a bustling market, further enhancing the property's investment appeal.
Our Strategy: We're planning to renovate and upgrade the duplex to align with market standards, enhancing aesthetics and amenities to command premium rental rates and increase overall market value.
Conclusion: Our recent purchase near Mareeba offers a compelling blend of untapped potential, strategic location, and promising market dynamics. Stay tuned as we document the progress of this exciting venture and witness firsthand the transformation of this hidden gem into a lucrative investment asset.
Exploding Online Search Results and Plummeting Days on Market: A Testament to Mareeba's Rising Real Estate Appeal

Near-Zero Vacancy Rate: Mareeba's Real Estate Rental Market in High Demand

Click Here to view our full market report










Comments