SOLD
Sold on 18 Apr 2024 for $575,000

53-55 Byrnes Street
Mareeba QLD 4880

Bedrooms: -
Bathrooms: -
Car spaces: 6
Land area: 1012m2
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Property Details for 53-55 Byrnes St, Mareeba

Building Type
Commercial
Land Size
1012m2
Local Government
Mareeba
Lot/Plan
309/M3563

Last Listing description (June 2024)

Here is a prime opportunity to secure a prominent main street freehold property which is fully leased. Superbly positioned on Byrnes Street, Mareeba within walking distance to all of town's facilities.
Zoned Business/Centre, the complex comprises of 3 shops offering full glass frontages and large signage fascias to each tenancy with car parking at the rear.
The property houses 3 long term tenancies - offering a good rental mix.

Don't miss this opportunity to secure this prominent freehold location which is fully leased and offers future development upside.

- Land area - 1,012m2
- Build area - approx. 300m2 split into 3 x 100m2 tenancies
- Masonry block construction with brand new roof
- Prominent main street location with room for expansion
- Freehold Property
- Zoned Business/Centre
- Positioned in walking distance of all of Mareeba CBD facilities
- Fully Leased to 3 tenants
- 2 toilets + multiple rear tenant parking (1 undercover)

For further information or to arrange a private inspection please call EXCLUSIVE AGENT Joe Torrisi.

Property History for 53-55 Byrnes St, Mareeba, QLD 4880

A timeline of how this property has performed in the market
Last Sold
$575,000
18 Apr 2024
  • 10 May 2024
    Listed for Sale CONTACT AGENT
  • 18 Apr 2024
    Sold for $575,000
  • 09 Oct 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 6,119 properties. Over the last 5 years, Houses in Mareeba have seen a 47.48% increase in median value, while Units have seen a -2.18% decrease. As at 30 November 2024:

  • The median value for Houses in Mareeba is $473,021 while the median value for Units is $415,949.
  • Houses have a median rent of $485 while Units have a median rent of $350.
There are currently 116 properties listed for sale, and 7 properties listed for rent in Mareeba on OnTheHouse. According to CoreLogic's data, 254 properties were sold in the past 12 months in Mareeba.

Suburb Insights for Mareeba 4880

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Contact agent
Joe Torrisi
Show contact details
Joe Torrisi Real Estate
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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.