193 Sheridan Street Cairns North QLD 4870

'The Ray Murphy Team' proudly welcomes to the Market one of Cairns' most Iconic Holiday Accommodations known as Pacific Cay. This freehold Motel Complex presents a unique opportunity to purchase an already highly profitable business with the opportunity of exponential growth.

Pacific Cay offers 19 units spread across two levels with 10 x one-bedroom self-contained units, 7 x two-bedroom self-contained units, and 2 motel suites, one of which is the Onsite Manager's residence. The property is fully managed with a paid onsite manager, providing an attractive option for the new owner to run the business themselves and potentially generate additional income. The complex is complete with an inground saltwater swimming pool, sundeck, barbeque area, and undercover car parking.

Set on a large 2,033m2 parcel of land with two street accesses on Sheridan Street and McLeod Street, the complex is conveniently located only a short walk to Cairns Central Shopping Centre, CBD, restaurants, cafés, hospitals, and the Cairns Airport. The location of this property is sure to appeal to all guests.

Additionally, the property could make an ideal development subject to council approvals.

A complete information memorandum or financial reporting is available on request. Contact 'The Ray Murphy Team' today to arrange your private inspection.

Tender Closing 14th June 2024 @ 12:00 PM.