245 Gilmore Road, Mareeba, QLD 4880 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
Expressions of Interest closing 9th June

245 Gilmore Road
Mareeba QLD 4880

Bedrooms: 6
Bathrooms: 4
Car spaces: 9
Land area: 14.93ha
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Exceptional Lifestyle & Income Opportunity "Kensington Park"

What You See:
A property positioned on the Cairns side of Mareeba in thriving rural Far North Queensland, on an outstanding 14.93ha (approx. 37-acre) property presenting a rare opportunity to secure both a picturesque country lifestyle and a proven, profitable equine business. "Kensington Park" is a well-established and highly regarded horse agistment enterprise, thoughtfully designed for efficiency and ease of operation. With over 40 individually fenced paddocks, the property is set up for excellent pasture management, streamlined care, and peace of mind for clients seeking professional horse facilities.
A business that operates efficiently with minimal assistance, offering a balance between lifestyle and income. Demonstrating strong financial performance, capable of grossing in excess of $340,000 per annum, with an approximate net return of $150,000 after expenses, plus an additional $20,000 per annum from a separate two-bedroom cottage. A cottage that is currently tenanted by a reliable long-term occupant, providing consistent supplementary income and added security or if required could be available for vacant possession in June this year.
A spacious and well-designed four-bedroom, three-bathroom residence, suited to modern family living. Generous open-plan living areas flow seamlessly to a large undercover entertaining and BBQ zone, ideal for year-round use. Outdoors, a sparkling in-ground swimming pool creates a private oasis, further enhancing the relaxed lifestyle offering. Inside, multiple living zones, well-appointed bathrooms, and a functional layout provide both comfort and flexibility.
What We See:
A unique opportunity to secure a dual-purpose property that successfully blends lifestyle, income, and future growth potential. With an established reputation, strong financial performance, and quality infrastructure already in place, "Kensington Park" presents a seamless transition into the equine industry or an expansion of an existing operation.
An offer representing more than a property; it is a lifestyle investment where business and home life exist in harmony. Whether as a rural enterprise or long-term landholding,
the property delivers versatility, scale, and ongoing potential. Opportunities of this calibre-profitable, established, and lifestyle-driven-are exceptionally rare.
Everything Else:
• 14.93ha (approx. 37 acres) of usable land
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Property Details for 245 Gilmore Rd, Mareeba

245 Gilmore Rd, Mareeba is a 6 bedroom, 4 bathroom AcreageSemi-rural with 9 parking spaces. The property has a land size of 14.93ha. The place is currently for sale with PROFESSIONALS EDGE HILL.

Building Type
AcreageSemi-rural
Land Size
14.93ha
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About Mareeba 4880

The size of Mareeba is approximately 480.2 square kilometres. There are 30 parks, covering nearly 48.1% of the total area. The population of Mareeba in 2016 was 11079 people. By 2021 the population was 11825 showing a population growth of 6.7% in the area during that time. The predominant age group in Mareeba is 50-59 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 2021, 63.80% of the homes in Mareeba were owner-occupied compared with 63.40% in 2016.

Mareeba has 6,177 properties. Over the last 5 years, Houses in Mareeba have seen a 90.38% increase in median value, while Units have seen a 83.47% increase. As at 30 April 2026:

  • The median value for Houses in Mareeba is $578,539 while the median value for Units is $370,288.
  • Houses have a median rent of $543 while Units have a median rent of $380.
There are currently 90 properties listed for sale, and 19 properties listed for rent in Mareeba on OnTheHouse. According to Cotality's data, 279 properties were sold in the past 12 months in Mareeba.

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Billy Gartner
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Leveaux Gartner
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PROFESSIONALS EDGE HILL
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