Mary River Marina back on the market after floods

A comparably affordable Qld marina with a restaurant, bed and breakfast, shops and a home for the owner is up for sale. Its colourful history could spell disaster or add to its charm depending on the buyer.

The Mary River Marina is back on the market.

A prominent Maryborough business which has survived multiple floods is back on the market.

Nestled in the heart of the heritage precinct amid 1800’s-era charm on Wharf St, the city’s stunning Mary River Marina offers a boutique RV park, restaurant, three additional leased shopfronts and two bed and breakfast units.

It also includes 13 buoy moorings, a laundromat and a manager’s residence.

It was initially placed up for sale in 2021 for $2.2 million before the marina was inundated twice in 2022.

This time there is no listed price.

Maryborough marina.Photo: Alistair Brightman / Fraser Coast Chronicle

The 2022 floods weren’t the first time in its colourful history that the marina has

gone under, but it’s withstood the Mary River’s might and test of time.

The restaurant space was popular over the years as a premier dining spot, once operated as Muddy Waters cafe (which relocated to the space now occupied by the Portside Cafe and Restaurant) and more recently as 71 Wharf.

The latter’s former owner Sharon Joynson was good humoured over the years about the ever-present threat of waterfront dining taking on a whole new level and posed for photos when the city was on flood watch.

Sharyn Joynson from 71 Wharf in Maryborough and her team were always prepared to quickly pack up furniture watch whenever the Mary River was on flood watch. Photo: Alistair Brightman

FLOOD HISTORY: Workers retrieve what they can from the inundated business. One employee's car is submerged in the flood water. Picture: Robyne Cuerel

Lloyds Commercial and Residential is handling the sale of the property.

“This strategically located waterfront marina offers a rare opportunity for investors and operators to capitalise on a high-growth, highly desirable location,” the description on the agent’s page read.

“Boasting excellent infrastructure and a prime position on the water, the property has enormous potential for expansion, diversification, and increased revenue streams.

The Mary River Marina is back on the market.

“With existing moorings, operations, and on-site facilities, the marina is already profitable.

“However, there remains significant upside for development-whether through expanding marina services, adding hospitality or retail outlets, or increasing boating and water-based recreational activities.

“The surrounding region’s growing popularity and ongoing infrastructure upgrades further enhance the prospects for long-term capital growth.

“This is a unique chance to acquire a waterfront asset with incredible growth potential in one of Queensland’s most sought-after coastal destinations.

“This is a rare opportunity to secure a versatile waterfront property with a thriving marine operation and significant development potential.”

The Mary River Marina and surrounding streets in flood.