24 Stephens Street, Dimbulah, QLD 4872 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
EOI Invited - Closing 07.08.2026

24 Stephens Street
Dimbulah QLD 4872

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 809m2
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RARE WHOLE UNIT COMPLEX - STRONG RETURNS & FUTURE FLEXIBILITY

EXPRESSIONS OF INTEREST INVITED - OFFERS CLOSE 5PM ON FRIDAY 7 AUGUST 2026
Positioned in the heart of Dimbulah, one of the Atherton Tablelands' productive farming communities, this fully furnished complex of four self-contained units presents an exceptional opportunity for investors seeking immediate cash flow and long-term growth potential.
Returning an impressive 14% (approximate) net return, this property is a proven performer with multiple income options. Continue operating the property in its current successful room-by-room accommodation model or explore the opportunity to lease each unit individually.
Demand for quality accommodation in Dimbulah continues to remain strong, with limited motel-style accommodation available and ongoing demand from farm workers, contractors and local tenants. This creates a unique opportunity to secure an income-producing asset in a tightly supplied market.
Set on an 809m² freehold allotment, the complex comprises four well-maintained air conditioned two-bedroom units, each offering generous open-plan living, modern kitchens, spacious bedrooms and practical combined bathroom and laundry facilities. Seven of the eight bedrooms include built-in wardrobes, while split-system air conditioning ensures year-round comfort. Every unit is fully furnished, allowing a seamless transition for the incoming owner.
Outside, the property offers undercover parking for four vehicles, two storage sheds and a private, fully fenced backyard, while its central location places tenants within easy walking distance of the town centre, new medical clinic, schools, shops and local parks.
Property Highlights:
• 809m² freehold allotment in the heart of Dimbulah
• Four well-maintained, fully self-contained 2-bedroom units
• Total of 8 bedrooms and 4 bathrooms
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Property Details for 24 Stephens St, Dimbulah

24 Stephens St, Dimbulah is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 809m2. The place is currently for sale with Mareeba Property Office.

Building Type
BlockOfUnits
Land Size
809m2
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About Dimbulah 4872

The size of Dimbulah is approximately 704.0 square kilometres. The population of Dimbulah in 2016 was 1050 people. By 2021 the population was 975 showing a population decline of 7.1% in the area during that time. The predominant age group in Dimbulah is 60-69 years. Households in Dimbulah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dimbulah work in a managers occupation.In 2021, 66.80% of the homes in Dimbulah were owner-occupied compared with 66.80% in 2016.

Dimbulah has 598 properties. Over the last 5 years, Houses in Dimbulah have seen a 74.57% increase in median value. As at 31 July 2026:

  • The median value for Houses in Dimbulah is $348,879 while the median value for Units is $596,166.
There are currently 20 properties listed for sale, and no properties listed for rent in Dimbulah on OnTheHouse. According to Cotality's data, 24 properties were sold in the past 12 months in Dimbulah.

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John Falvo
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Mareeba Property Office
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Mareeba Property Office
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