Knight Frank Cairns is extremely pleased to present for sale "Kuranda Heritage Markets".
This long standing Kuranda tourist destination has a very solid track record, with the main tenants being in place for a long period of time making the property a sound tourism investment.
The property has various income streams including Birdworld, Koala Gardens, Frogs Restaurant plus approximately 60 market stalls made up of approximately 16 stall holders, many of whom have been trading for over 15 years.
The asset occupies a total land area of 8,994 sqm and is strategically located as one of the first tourist destinations when you drive into Kuranda and also only a short walk to Skyrail Rainforest Cableway and the Kuranda Scenic Railway, making it a must see for the crowd of tourists that visit Kuranda daily.
The investment is fully let with a very solid net return of approximately 9%.
For further details as well as a more detailed Information Memorandum and an inspection, please contact the exclusive Knight Frank agent directly.