348 Ray RoadMareeba QLD 4880
Property Details for 348 Ray Rd, Mareeba
Last Listing description (March 2017)
New to the market is this money making property with double income. The 3 bedroom masonry block home is currently rented with tenants that have lived and cared for the property for the last ten years.
The property is also planted with 500 mature lime trees. The trees are well pruned and cared for. Fitted with under tree sprinklers and under ground mains the property is serviced with a 41 megalitre water allocation from channel supply which is gravity fed.
Improvements to the property include:
* 3 car garage
* Powered 2 bay steel shed (8m x 6m)
* 15,000L poly reserve water tank
* Rain water tank
* 41 ML water allocation
* 4 inch off take from the channel + Dix filter
* Underground main line, under tree sprinklers
* 3 phase power close by
* 500 mature lime trees
* Fully equipped lime packing machine
The property is close to St Stephen's College and just minutes' drive to the town centre. For those looking for a property with a great location and a diverse current income, this is the one!
For further information or to arrange an inspection, please contact Exclusive Agent John Falvo @ Mareeba Property Office.
Property History for 348 Ray Rd, Mareeba, QLD 4880
- 23 Dec 2016Sold for $672,500
- 12 Dec 2016Listed for Sale $715,000 NEG
- 02 Oct 2003Sold for $210,000
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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 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 6,175 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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