5303 Kennedy HighwayMareeba QLD 4880
Property Details for 5303 Kennedy Hwy, Mareeba
Last Listing description (August 2021)
Own a part of Mareeba's history! For those of the nostalgic persuasion, Mareeba's original Rodeo Drive-in is on the market!
The current owner has recently spent $100k upgrading to digital projectors and adding two rooms to the complex. The drive-in has been in operation for approx 50 years, has a cafeteria and parks approximately 200 cars.
Continue restoring the drive-in to give it a new lease of life or perhaps redevelop into something new, like a water park?
In addition to the Drive-in complex which is currently leased (returning approx. $31,000 per annum), the property has 2 hardi-plank houses currently rented at $250 p/w each. One is a 3-bed low set home and the other a 2-bed high set home.
The property encompasses 3.91 hectares and is serviced by a 2 megalitre channel water allocation plus a bore.
For further information or to arrange an inspection of this piece of Mareeba's history, please contact Exclusive Agent John Falvo @ Mareeba Property Office.
Property History for 5303 Kennedy Hwy, Mareeba, QLD 4880
- 08 Oct 2020Listed for Sale $1,400,000 NEG
- 22 Mar 2018Listed for Sale $1,400,000 NEG
- 23 Jul 2001Sold for $163,000
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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 6,179 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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