11 Frigate Close, Mareeba QLD 4880

11 Frigate Close, Mareeba | 3-bed contemporary build | 1036sqm lot with low coverage | bushfire buffer noted | off-market post recent sale The property’s primary advantage lies in its generous 1036sqm block with only 23% building coverage, offering rare expansion or subdivision potential within a modern estate. The 2010 build with raked ceilings and open-plan study appeals to families seeking a near-new home without premium pricing, while the fully fenced yard and outdoor entertainment area reduce immediate post-purchase costs. This configuration best suits buyers wanting established infrastructure with room to add value through landscaping or a secondary dwelling, supported by the 70% price growth since 2016 indicating strong local demand. The bushfire potential impact buffer is the material risk, likely increasing insurance premiums by 15-30% and potentially affecting future resale to cautious buyers. The 1036sqm lot’s low coverage creates an opportunity for a granny flat or shed subject to council approval, which could lift rental yield above the suburb average. Hold this property as a long-term family home with optionality to develop the rear portion when Mareeba’s growth corridor matures further.