245 Gilmore Road, Mareeba QLD 4880

14.93 hectares | working equine business | lifestyle income combo | Cairns-side Mareeba This property presents a rare configuration for the Mareeba market: a substantial 37-acre holding with an established income-producing equine operation, Kensington Park. For a buyer seeking both rural lifestyle and commercial capability, the dual residential and business zoning creates a competitive edge rarely available at this scale near Cairns. The 4-6 bedroom house with three bathrooms supports family occupation alongside the agistment enterprise, and the location on the Cairns side of Mareeba improves commuter appeal while retaining genuine acreage. The primary risk lies in the inconsistent listing data for bedrooms and parking, which may reflect differing agent interpretations of the same improvements—a physical inspection is essential to confirm layout and condition. The 2022 sale history suggests recent market exposure, and the estimated value range of $1.9m to $2.5m indicates a premium price point that demands careful due diligence on the agistment business’s actual income and occupancy history. For the right buyer, the opportunity is to acquire a proven rural business with lifestyle benefits, but the property’s value depends entirely on the viability of the equine operation and the condition of the dwelling and infrastructure.