SOLD
Sold on 03 Nov 2023 for $4,050,000

255-257 Byrnes Street
Mareeba QLD 4880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2032m2
Sold By
Knight Frank Australia - NPI
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Property Details for 255-257 Byrnes St, Mareeba

Building Type
Commercial
Land Size
2032m2
Local Government
Mareeba
Lot/Plan
701/SP316349

Last Listing description (September 2023)

Secure 10-year lease to November 2030, with further options to 2045
High exposure corner site adjacent Coles and one block from McDonald's
Leased to Trinity Petroleum Services (a subsidiary of Freedom Fuels), major Mobil retail and wholesale distributer in North QLD for 40 years

Lessee pays outgoings, excluding Land Tax
Net income $299,975 pa excl GST

For Sale by Auction
11am AEST, Wednesday 6 September 2023
Auctionworks, 50 Margaret St,
Sydney NSW 2000
Unless sold prior

Property History for 255-257 Byrnes St, Mareeba, QLD 4880

A timeline of how this property has performed in the market
Last Sold
$4,050,000
03 Nov 2023
  • 03 Nov 2023
    Sold for $4,050,000
  • 09 Aug 2023
    Listed for Sale Contact Agent

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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 6,038 properties.

    There are currently 123 properties listed for sale, and 9 properties listed for rent in Mareeba on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in Mareeba.

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    Disclaimer
    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.