Cairns City, Queensland

City Sheridan Motel & Commercial Complex

$8,500,000 + SAV

Business Description

Key Highlights:
Centrally Located on the Cairns CBD Fringe
Adjoining Commercial site with tenants & rooms
High Occupancy & Value Motel
Opportunity to Develop further rooms
Accommodation & Adjoining Commercial
2,441 m² land

Description:
For Sale: Established Cairns Accommodation Asset with Adjoining Commercial Income

An outstanding opportunity exists to acquire a long-established accommodation business positioned on the fringe of the Cairns CBD. Operating successfully for more than 30 years, this property represents a stable and high-performing hospitality asset in one of Australia’s most recognised tourism destinations.

Set on a substantial landholding of approximately 2,400–2,500 sqm across two adjoining titles, the property combines a well-established motel operation with an adjoining commercial component, creating a diversified income stream and strong long-term investment appeal.

The accommodation business enjoys a strong reputation in the Cairns market and benefits from its strategic location along Sheridan Street, one of the city’s primary accommodation corridors. Guests are within easy reach of the Cairns CBD, airport, dining and retail precincts, as well as world-renowned attractions including the Great Barrier Reef, Daintree Rainforest and Cape York gateway routes.

In addition to the motel operation, the adjoining title includes established commercial tenancies and additional accommodation rooms, providing consistent secondary income and further operational flexibility. This combination of hospitality and commercial income streams makes the property particularly attractive to investors seeking both stable returns and long-term upside.

Business Summary

Marketing Agent

Shane Mullins

0447185....

Off Market Group

Key Investment Insights

AI generated. Confirm details with the seller.

1. Long-established operation over 30 years, signalling operational stability and market reputation.
2. High occupancy and value motel, indicating strong current revenue performance.
3. Combined motel and adjoining commercial tenancies, creating diversified and consistent income streams.
4. Substantial landholding of approximately 2,441 m² across two adjoining titles, offering scale and flexibility.
5. Opportunity to develop additional rooms, providing clear upside and asset enhancement potential.
6. Strategic location on Sheridan Street, a primary accommodation corridor in Cairns, enhancing visibility and demand.
7. Fringe CBD position, within easy reach of Cairns CBD, the airport, dining and retail precincts, aiding guest convenience.
8. Proximity to major tourism attractions including the Great Barrier Reef, Daintree Rainforest and Cape York routes, supporting year-round demand.
9. Adjoining commercial site with established tenants and rooms, offering immediate secondary income and operational flexibility.
10. Attractive long-term investment profile, combining stable hospitality income with commercial rental returns and redevelopment potential.