Real Estate

how to buy a houseboat and pay it off in 10 weeks

Written by The ReReport

Home and business opportunity all in one?

NOT only this a chance for a change of scenery — while getting a foot on the property ladder — it’s also a chance to make some serious coin.
Who hasn’t ever stopped and dreamt for a moment of living on a houseboat, away from the hustle and bustle of city life?
Well, if you’ve got a spare $55k then you can do just that. And the bonus is that if you play your cards right you could have that money back in your wallet in less than 10 weeks.
A Gumtree listing posted by gummie user Mark — titled Houseboat in the best fishing/crabbing river — presents just such an opportunity in the Norman River in the small Queensland town of Karumba.

Karumba HouseboatLocation, location.

Karumba HouseboatWhere is Karumba?

As a point of reference — for those who haven’t heard of Karumba — it’s in the Gulf Country region of Queensland — about 10 hours to drive from either Cairns or Townsville.
Prices for land in Karumba start at about $70k and go up to about $550k for a standard family house.
So $55k for a place to sleep and a boat — all in one — is definitely a bargain.
“Give yourself the luxury of living on a boat in the best fishing and crabbing river with practically no competition,” Mark writes in the ad.

Karumba HouseboatWake up here …

Karumba HouseboatA business in the making.

The boat is “already in the river with freezer, bed, fridge, shower, toilet” and Mark says it’s a perfect choice to “enjoy the most beautiful sunsets”.
It’s “tranquillity and peace away from the hassle of the busy cities and rivers” we’re told.
But all that aside, it’s also presented as an opportunity to make some cash — and perhaps pay off the boat.
“With the possibility of setting your own very lucrative crabbing or fishing business with the flexibility and independence you long for,” Mark writes. “We averaged about 6000 dollas (sic) a week in six months when we were doing it.
“No trick here just a good bargain.”
Mark says he is selling because he needs to “go back to living in town”.

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