FOR SALE
Offers Over $5,500,000

341 Mulligan Highway
Mareeba QLD 4880

Bedrooms: 10
Bathrooms: 6
Car spaces: 10
Land area: 95.94ha
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INCOME APLENTY

Located only a few minutes outside of Mareeba CBD is this wonderful rural parcel, at 341 Mulligan Highway, Mareeba. Situated on a spacious 95.95 hectares of land, with massive packing shed facilities and an impressive 500mL Water Allocation, this is a solid investment opportunity for new owners.
There are plenty of extras here with 2 houses and 4 units generating approximately $200,000 of rental income, and massive 2,000m2 (approx.) shed with 100 ton cold rooms. The farming land is currently operating as a cane farm, producing 8,000 ton of cane (approx.) and holds the potential for a number of other farming opportunities.
- 95.94 ha or 237 acres
- 500 Megalitre water allocation
- 2 houses, 6 units, all with 30kW Solar Power System
- Large Machinery shed with 6 bay workshop
- 2,000m2 Shed (approx.) with cold rooms
- Rental income of $200,000+ (approx.)
- 8,000 ton of cane (approx.)
- 100 Ton cold rooms
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Property Details for 341 Mulligan Hwy, Mareeba

Building Type
Rural
Land Size
95.94ha

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About Mareeba 4880

The size of Mareeba is approximately 480.2 square kilometres. It has 30 parks covering nearly 48.1% of total area. The population of Mareeba in 2011 was 10,181 people. By 2016 the population was 11,091 showing a population growth of 8.9% in the area during that time. The predominant age group in Mareeba is 0-9 years. Households in Mareeba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mareeba work in a labourer occupation. In 2011, 62.2% of the homes in Mareeba were owner-occupied compared with 63.4% in 2016.

Mareeba has 6,129 properties. Over the last 5 years, Houses in Mareeba have seen a 54.40% increase in median value, while Units have seen a -13.94% decrease. As at 31 August 2024:

  • The median value for Houses in Mareeba is $446,546 while the median value for Units is $245,890.
  • Houses have a median rent of $450 while Units have a median rent of $330.
There are currently 135 properties listed for sale, and 6 properties listed for rent in Mareeba on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Mareeba.

Suburb Insights for Mareeba 4880

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Vince Costas
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Central Realty Mareeba
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.