Lot 1/52 Marathon St, Proserpine is a 13 bedroom, 7 bathroom Unit with 7 parking spaces and was built in 2007. The property has a land size of 1009m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Prime Investment Opportunity In The Town Of Proserpine
With the current pressure on the rental market pushing yields higher and vacancy rates dropping below 1% - there has never been a better time to invest in affordable housing options with no Strata fees.
On offer is a block of seven tidy units situated on Marathon Street, Proserpine. With the demand for rentals, this property will never be short on tenants eager to take full advantage of this prized location close to everything Proserpine has to offer.
* Solid income of $1,720.00 weekly
* 6x 2 Bedrooms - 1 Bathroom rent $250.00 week
* 1x 1 Bedroom - 1 Bathroom rent $220.00 week
* Open plan Lounge, Dining, and Kitchen area
* Spilt Air Conditioners
* Situated on 2x titles on 1,009 m2
* Rental Appraisal (2 beds $280 - $300 per week (if both bedrooms are air-conditioned)
* Rental Appraisal (1 bed $240 - $260 per week ( if living area is air-conditioned)
This a sensational opportunity to expand your property or superannuation portfolio. This very well-maintained apartment block of seven is ideal for an investor who wants to purchase an entire building with consistent rental returns.
For further information, please send an enquiry to receive additional information for a copy of rates and insurance, or call Andrea on 0418 796 323
The size of Proserpine is approximately 23.4 square kilometres. It has 10 parks covering nearly 2.1% of total area. The population of Proserpine in 2016 was 3562 people. By 2021 the population was 3614 showing a population growth of 1.5% in the area during that time. The predominant age group in Proserpine is 10-19 years. Households in Proserpine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Proserpine work in a trades occupation.In 2021, 61.20% of the homes in Proserpine were owner-occupied compared with 59.50% in 2016.
Proserpine has 1,924 properties. Over the last 5 years, Houses in Proserpine have seen a 110.54% increase in median value, while Units have seen a 120.19% increase. As at 31 January 2026:
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