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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.

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

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
55 Torrisi Road Mareeba QLD 4880

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