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261 Byrnes Street
Mareeba QLD 4880
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Sold on 28 Jan 2020

261 Byrnes Street Mareeba QLD 4880

  • Hotel, Motel, Pub & Leisure
  • 975 m²
  • Sold, $1,200,000

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 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.

Joe Torrisi Real Estate
Joe Torrisi Real Estate
55 Torrisi Road
Mareeba, QLD 4880

Property Highlights

Date Sold28 Jan 2020
Sold Price$1,200,000
Floor Area975 m²
Land Area3,036 m²
Parking15 x Onsite parkings
Property ID2014363208
Category
Last updated  26 Feb 2020
Map for 261 Byrnes Street Mareeba QLD 4880
Joe Torrisi Real Estate
Joe Torrisi Real Estate
55 Torrisi Road
Mareeba, QLD 4880

Property Highlights

Date Sold28 Jan 2020
Sold Price$1,200,000
Floor Area975 m²
Land Area3,036 m²
Parking15 x Onsite parkings
Property ID2014363208
Category
Last updated  26 Feb 2020

Listed by

Joe Torrisi
Joe Torrisi
Joe Torrisi Real Estate
Call
0417 700 468

More about 261 Byrnes Street Mareeba QLD 4880

261 Byrnes Street Mareeba QLD 4880 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 975 m² and a land area of 3,036 m². There are 15 x onsite parkings.The listing ID for this property is 2014363208.

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