261-265 Byrnes StreetMareeba QLD 4880
Property Details for 261-265 Byrnes St, Mareeba
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
Recent sales nearby
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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 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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