261 Byrnes Street, Mareeba, QLD 4880

Hotel/Leisure

Sold $1,250,000

  • Property ID: 294971
  • Floor Area: 975m²
  • Land Area: 3036m²
  • NBN Availability: Build Commenced
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 975m2 3036m2 N/A
DESIRABLE BUSINESS & FREEHOLD WITH SUSTAINABLE INCOME & BACKPACKER POTENTIAL!

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 TV’s, DVD’s 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 Manager’s 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 it’s 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.

Mareeba Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2333 $262 11.23%
Retail $1779 $217 12.17%
Industrial $1224 $112 9.15%
This is the average advertised price, rent and yield for Mareeba, QLD 4880*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 261 Byrnes Street, Mareeba, QLD 4880. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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