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193 Sheridan Street
Cairns North QLD 4870
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Sold on 21 Apr 2022

193 Sheridan Street Cairns North QLD 4870

  • Hotel, Motel, Pub & Leisure
  • 2,033 m²
  • Sold, $2,185,000

Iconic Freehold Motel Complex - Pacific Cay - High Yielding Investment Opportunity

'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 Managers residence. The complex is complete with an inground saltwater swimming pool, sundeck, barbeque area and undercover car parking. Further services provided to guests are tour Bookings and an information centre as well as a bus transfers in and around the city.

Set on a large 2,033m2 parcel of land with two street access being 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.

The property has been managed by the same family for over 15 years, and it is now time to change hands and for the new purchases to enjoy the financial gains.

A complete information memorandum is available on request.

Contact 'The Ray Murphy Team' today to arrange your private inspection.

Ray White Cairns and Cairns Beaches
Ray White Cairns and Cairns Beaches
37 Grafton Street
Cairns, QLD 4870

Property Highlights

Date Sold21 Apr 2022
Sold Price$2,185,000
Floor Area2,033 m²
Land Area2,033 m²
ParkingAsk Agent
Property ID2017408705
Category
Last updated  5 Jul 2022
Map for 193 Sheridan Street Cairns North QLD 4870
Ray White Cairns and Cairns Beaches
Ray White Cairns and Cairns Beaches
37 Grafton Street
Cairns, QLD 4870

Property Highlights

Date Sold21 Apr 2022
Sold Price$2,185,000
Floor Area2,033 m²
Land Area2,033 m²
ParkingAsk Agent
Property ID2017408705
Category
Last updated  5 Jul 2022

Listed by

Ray White Cairns and Cairns Beaches
Call
07 40444888

More about 193 Sheridan Street Cairns North QLD 4870

193 Sheridan Street Cairns North QLD 4870 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 2,033 m² and a land area of 2,033 m². The listing ID for this property is 2017408705.

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