117-123 Byrnes StreetMareeba QLD 4880
Property Details for 117-123 Byrnes St, Mareeba
Last Listing description (April 2014)
The Peninsula Hotel - Traditional Country Style Pub
The Peninsula Pub has been a centre for the town???s recreation and entertainment since its construction in 1930 and is one of the oldest surviving hotels in the area. The hotel is one of the largest buildings on the main street and is an important feature of the streetscape, with an attractive fa??ade and is considered one of the local landmarks.
The hotel is developed over two stories, with wide verandas over the footpath. The Peninusla Pub comprises of a mix of a public bar, two additional overspill drinking areas, with gaming machines, a live bandroom, a landscape covered beer garden, a restaurant/function room and a commercial kitchen on the ground floor. The first floor comprises of 13 accomodation rooms, of various configerations, a shared kitchen, separate male and female ammenities, along with a 3 bedroom managers residence.
Fronting Walsh Street is the drive through bottle shop building and access to the undeveloped land, currently being used as a bituman car park and substanial storage shed.
The Peninsula Pub offers astute and capable buyers an opportunity to enter the hotel and accommodation market, with an iconic hotel venue and additional commercial buildings (shops), which provide a considerable existing property footprint, from which to operate a variety of separate enterprises; in addition to a large area of land which could be additionally expanded or developed and provides supportive business operations (subject to council approval).
This establishment consists of a trading and successful commercial hotel and is offered For Sale by Formal Offer.
For further information contact the agent, Jay Beattie.
Property History for 117-123 Byrnes St, Mareeba, QLD 4880
- 04 Jun 2020Sold for $3,900,000
- 29 Dec 2014Sold for $1,453,000
- 05 Nov 2013Listed for Sale FORMAL OFFERS INVITED
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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 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 6,188 properties. Over the last 5 years, Houses in Mareeba have seen a 86.57% increase in median value, while Units have seen a 80.22% increase. As at 31 March 2026:
- The median value for Houses in Mareeba is $573,774 while the median value for Units is $379,437.
- Houses have a median rent of $530 while Units have a median rent of $380.
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