Cairns North QLD 4870

To enquire, please email or call 1300 815 051 and enter code 0475

Brand New 40 Year Lease Term - 72 Room Budget Accommodation Property with Capacity for 212 Persons.

The property is a medium-sized budget-style accommodation property with 72 rooms with an approved capacity of 212 persons. The rooms are a mix of fully en-suited rooms and share facility rooms. There is a poolside restaurant and bar, guest and staff laundry.

Brand new 40 years lease term - year 1 rental is $390,000 plus outgoings.

The property is suited to the independent budget traveler, groups, and tour markets.

The property is a short 2 minute, 1.3km drive to Cairns CBD and a leisurely 5 minute, 4km drive to Cairns' Domestic and International Airports.

This purpose built solid heavily constructed complex is situated on a large 3,549 sqm site and comprises four separate buildings.

Property features include:
A mix of room types (72 in total) From fully self-contained apartments to shared facility studio rooms with a Council approved 212 person site capacity
Facilities include an open-plan poolside bar and restaurant which is currently not operating
A large resort-style swimming pool with a separate spa and undercover BBQ facilities
Positioned upon a large 3,549 sqm land parcel (Zone medium density residential)
Strategically located close to major shopping centres and CBD, Qld Rail and Kuranda Tourist Train, Cairns Hospital and medical facilities, local sporting fields and clubs, restaurants/café's, and many tourist attractions.

Please contact us for further information and a property memorandum or to arrange an inspection.

To enquire, please email or call 1300 815 051 and enter code 0475