10 Royes Street, Mareeba QLD 4880

Classic postwar starter home on a generous 708m² block | recently upgraded and move-in ready | positioned close to Mareeba CBD | suited to first-home buyers and investors This property offers a rare combination of a large block and a recently upgraded interior, which strengthens its appeal for both owner-occupiers and investors. The 708m² site provides future flexibility, while the 1960s structure has been refreshed to a move-in standard, reducing immediate capital outlay. Its proximity to the CBD and placement within local school catchments further supports steady demand from families and tenants alike. The main risk lies in the inconsistency of current market data, which may reflect either lagging valuations or an overpriced listing. Buyers should verify the actual asking price and recent comparable sales before proceeding. However, if acquired near the lower end of the estimated value range, the property offers solid rental yield potential at around $410 per week and scope for capital growth on the sizeable block.