Key Investment Insights
AI generated. Confirm details with the seller.
1. Full-service hotel with 62 guest suites and serviced apartments.
2. Prime location on a significant 4,011sqm land parcel with development potential (STCA).
3. Additional opportunity to purchase two adjacent residential lots totaling 1,363 sqm.
4. Convenient city fringe location, only 6 minutes' drive to Cairns CBD.
5. Close proximity to shopping centers, medical facilities, hotels/clubs, restaurants/cafes, and tourist attractions.
6. Favorable zoning and current DA with council, providing underlying land value.
7. Potential for repositioning the asset through rebranding and refurbishment.
8. Cairns is serviced by both Domestic and International Airports, providing easy access for tourists.
9. Facilities include a spacious restaurant, lounge and bar, poolside dining, swimming pool, and waterslide.
10. Strategic location near local sporting facilities, making it an ideal choice for sports teams and events.
