An exceptional opportunity to secure an established income producing accommodation facility with significant future upside, 8 Vicary Road, Mareeba offers the perfect balance of immediate returns and long term growth. Positioned on approximately 9,999m² (2.5 acres), this unique property features a fully operational 24 bed workforce accommodation facility, together with Development Approval already in place for Stages 2 and 3, allowing expansion to a total approved capacity of 72 workers. This provides purchasers with a rare opportunity to substantially increase occupancy and income while avoiding much of the planning uncertainty associated with new developments. Designed to meet the region's ongoing demand for quality workforce accommodation, the existing operation provides an established income stream, while the approved expansion creates a clear pathway for future growth. Whether you're an accommodation operator, investor, labour hire provider or agricultural business looking to secure permanent accommodation for staff, this property offers a turnkey solution with exceptional scalability. The property also includes an older residence, ideal as a caretaker's home or additional rental accommodation, along with former tobacco sheds that provide further flexibility for storage. With Mareeba's agricultural sector continuing to expand and quality worker accommodation remaining in short supply, opportunities to acquire an established facility with council approved expansion are exceptionally rare. Property Features * Approx. 9,999m² (2.5 acres) Rural zoned allotment * Established 24 bed workforce accommodation facility, fully operational * Development Approval to expand to an approved 72 bed workforce accommodation facility * Stage 1 completed with Stages 2 and 3 approved * Existing income producing asset with substantial future upside (figures available upon request) * Ideal for investors, accommodation operators, labour hire companies or farmers seeking permanent staff accommodation * Older residence suitable for caretaker accommodation or additional rental income * Former tobacco sheds offering additional storage or redevelopment potential * Water supplied via bore and channel (2ML) * Established infrastructure, complimenting future development stages Whether you're looking to expand an accommodation portfolio, secure permanent housing for your workforce, or invest in a high demand asset with approved expansion already in place, 8 Vicary Road represents one of the Mareeba region's most compelling investment opportunities. From all of us at Mareeba Property Office, we wish you every success with your property search. For more information or to arrange an inspection, please call or email us today. Disclaimer: We have, in preparing this advertisement, used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained. Photographs may have been edited for marketing purposes, and virtual staging or digitally enhanced images may be used to illustrate the potential use or presentation of spaces. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement and satisfy themselves as to the property’s features and condition.
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