22 Stewart Street
Mareeba

Located on a peaceful street within walking distance to Mareeba's CBD, this is a charming triplex that offers THREE delightful 2-bedroom, 1-bathroom units situated on a fenced 880 m² freehold block! This property was last renovated in 2009 and is perfect for investors looking for a multiple income situation, with the potential to value add!

NO BODY CORPORATE FEES are applicable, this triplex is held on a single freehold title, and is not part of a strata/body corporate scheme.

UNIT 1 (FRONT)
- 2 bedrooms, 1 bathroom
- High ceilings & vinyl flooring throughout
- Small open plan kitchen/dining/living room
- New reverse cycle split system to kitchen/dining
- Huge bedrooms, second with direct external access
- Internal laundry with storage
- Rented for $220 per week, new 12 month lease from 4 July 2025 (same tenant since 2010)

UNIT 2 (MIDDLE)
- 2 bedrooms, 1 bathroom
- High ceilings & vinyl flooring
- Spacious open plan kitchen/living/dining area
- Reverse cycle split-system to living area
- Huge main bedroom & sizeable second bedroom
- Near new electric stove/oven combo
- Spacious bathroom with separate toilet
- External semi-enclosed laundry & storage area with concrete floor
- Rented for $230 per week, new 12 month lease from 4 July 2025 (same tenant since 2010)

UNIT 3 (REAR)
- Standalone separate unit with private yard
- 2 bedrooms, 1 bathroom
- Timber floors to 2 large bedrooms
- High ceilings throughout
- Convenient kitchen with walk in pantry, laminex benchtops & electric stove/oven
- Split-system air-conditioning to master bedroom
- Vinyl flooring to main living/dining area
- Bathroom with shower & separate toilet
- Large concrete outdoor entertaining area + extended paved area
- Private fenced rear yard & garden shed
- Rented for $320 per week, new 12 month lease from 4 July 2025 (current tenants since Nov 5, 2021)

PROPERTY:
- Colorbond fencing to left side and rear, timber to right side
- 880sqm level allotment (freehold) with plenty of parking & yard space
- Walking distance to Mareeba's CBD & schools
- Timber cladded exterior, iron roof, timber stumps
- New floor coverings & Bunnings kitchens installed in 2009
- Zoned Medium Density Residential
- Not affected by flood hazard mapping
- Connected to town water, electricity, NBN & sewerage
- All units metered individually for electricity
- Rates approx $5,000 half yearly (incl. water)
- Insurance $3,150 approx

Contact EXCLUSIVE agent Katrina Kazim on 0400 710 639!