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11 Kenneally Road

Mareeba, QLD 4880, Australia
4 bed 0 bath 2 car47700m²

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Area Price Guide
$44,838$50,562

Indicative price guide range

🏘️
47
Comparable
📊
$650,000
Area median
⚖️
-93%
vs median
📐
$1
Per m²
📏
47700 m²
Land
🗓️
Yesterday
Listed

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About this property

Positioned in one of Mareeba's emerging growth corridors, this exceptional 4.77ha (11.79 acre) freehold property presents an outstanding opportunity for developers, investors, or land bankers seeking future subdivision potential in a highly desirable location. Zoned Low Density Residential under Mareeba Shire Council, the property offers potential for a residential subdivision of approximately 27 lots (subject to council approvals), making it a rare infill development opportunity within close proximity to town amenities. With approximately 2.8ha (6.91 acres) of cleared usable land and dual street frontage to Cardwell Close and Leinster Drive, the foundations are already in place for future development success. Adding immediate value is a solid concrete block residence featuring four bedrooms, two bathrooms, and outdoor entertaining/carport area - ideal for owner occupation, rental income, or use during the development process. Surrounded by natural bushland and a seasonal creek, the property offers an attractive balance of lifestyle appeal and development potential, while maintaining convenient access to essential services including garbage collection, school bus routes, and the Kennedy Highway connecting Cairns and Atherton. Located just five minutes from Mareeba's CBD, this is a rare opportunity to secure a substantial landholding with strong future upside in a region experiencing continued growth and demand. Key Features • Development opportunity with potential residential subdivision (~27 lots STCA*) • 4.77ha / 11.79 acres, fully fenced and freehold • Approx. 2.8ha / 6.91 acres of cleared usable land • Zoned Low Density Residential - Mareeba Shire Council • Solid concrete block home with for durability and low maintenance • Spacious 4-bedroom, 2-bathroom home designed for comfortable tropical living with excellent indoor-outdoor flow • Open plan lounge, dining and kitchen area flowing seamlessly to the covered outdoor entertaining space • Excellent cross-ventilation throughout the home with louvres, French doors and breezeways designed for tropical living • Expansive outdoor living spaces featuring covered entertaining areas, a red brick bar, breezeway sitting area • Rental appraisal $480-$500 per week • Not affected by flood hazard mapping • Seasonal creek & natural bushland surrounds • Dual street access via Cardwell Close & Leinster Drive • Town services (water, electricity, NBN & sewerage), garbage collection & school bus service available nearby • Easy access to Kennedy Highway connecting Cairns & Atherton • Only 5 minutes to Mareeba CBD, easy access to Kennedy Highway (to Cairns or Atherton) • Ideal for developers, investors, land bankers, or lifestyle buyers with future upside • Rates approx. $2,000 half yearly Mareeba's market has witnessed a +14-17% uplift in median house prices over the past year-presenting solid income potential & likely capital growth for investors. Contact EXCLUSIVE Agent Katrina Kazim from Explore Property today on 0400 710 639 for further information or to arrange a private inspection. *NOTE: This property does not have any current development approvals in place, and any potential future development options or lot yields are indicative estimates only. Please seek professional consultants, Council and town planning advice to confirm. Explore Property cannot provide legal, professional consulting or town planning advice.

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