261-265 Byrnes StreetMareeba QLD 4880
Property Details for 261-265 Byrnes St, Mareeba
261-265 Byrnes St, Mareeba is a 0 bedroom, 0 bathroom Unit with 15 parking spaces. The property has a land size of 3036m2 and floor size of 5m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Last Listing description (February 2020)
This is a significant opportunity to acquire an established accommodation business and substantial freehold that provides a mix of accommodation styles to suit a variety of guests needs and budgets plus huge potential for conversion into backpacker accommodation.
This well established business and freehold is showing excellent returns and is offered for sale on a walk-in-walk-out basis. Easily run by one person it boasts consistent occupancy levels as well as loyal repeat clientele. The Motel offers a selection of 15 affordable, air-conditioned and fully furnished rooms fitted with tea/coffee & toaster facilities, digital TVs, DVDs and fridges.
On-site facilities and key features include:
15 refurbished units in varying configurations including family rooms
3036m2 allotment with main street frontage & room for expansion
Fully self-contained Managers residence
Communal kitchen and bbq area
Communal laundry
Undercover - Off street parking
Fully equipped and easily maintained office
Storage facilities and maintenance equipment
Alsco, Elgas & cleanaway services in place
Inventory available on request
Mareeba Lodge is an immaculately presented and refurbished Motel in an excellent location with main road exposure within 2 minutes walk from shops, restaurants and all CBD conveniences as well as being one of the longest standing Motel businesses in Mareeba.
Positioned on the Atherton Tablelands, a relatively self-sufficient, diverse farming and desirable tourist destination, only a short 45 minutes drive to Cairns International airport and within easy reach of The Great Barrier Reef. Mareeba is perfectly situated as the gateway to the Northern Gulf & Cape York and hosts the Mareeba Rodeo annually as well as having a reputation as a food lovers' paradise supported by its many tropical fruit farms, coffee plantations and wineries. The town has also experienced a huge expansion in farming, business, infrastructure and population over the last few years.
Mareeba Lodge is a very desirable business showing strong sales & excellent returns! INSPECTION IS STRONGLY RECOMMENDED! For further information or to arrange a private inspection please contact EXCLUSIVE AGENT Joe Torrisi.
Property History for 261-265 Byrnes St, Mareeba, QLD 4880
- 28 Jan 2020Sold for $1,320,000
- 07 Sep 2019Listed for Sale NOW $1,250,000
- 24 Sep 2018Listed for Sale $1,390,000
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0About 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 6,115 properties. Over the last 5 years, Houses in Mareeba have seen a 61.26% increase in median value, while Units have seen a -1.83% decrease. As at 31 October 2024:
- The median value for Houses in Mareeba is $453,367 while the median value for Units is $294,033.
- Houses have a median rent of $480 while Units have a median rent of $350.
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