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 investment is fully let with a very solid net return of approximately 9%.
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.
For further details as well as a more detailed Information Memorandum and an inspection, please contact the exclusive Knight Frank agent directly.
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Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.
Knight Frank Cairns has been successfully operating for over 33 years and incorporates three departments into the one office; a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.
Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.
