43-45 Bruce Highway,
Cairns City, QLD 4870

Hotel, Motel & Leisure • Shops & Retail

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9% Return Fully Manged Motel - Bruce Highway, Edmonton FNQ

Freehold motel / development site on the Bruce Highway at Edmonton, 12.5 kilometres south of Cairns CBD. Land area is 5,210 m2. Constructed on the site are four buildings consisting of a managers residence / office and 20 units which are a mixture of bedsits and one bedroom apartments.

Other improvements include an undercover, open air recreation area and inground swimming pool. The site is underdeveloped and requires a major upgrade. The zoning is currently Tourist Accommodation with a potential to rezone to uses such as multi units, retail or an outdoor sales display yard.

The site currently has a sound income and is fully under management with absentee owners. Available for sale as a going concern or potential redevelopment site.

Contact: Exclusive agent Scott Green - Ray White Commercial Cairns for more information.

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Cairns City, 4870 demographic data

The median household income for Cairns City is $1,627, 8% higher than Regional Queensland's household income of $1,507. Cairns City has an older age profile compared to the rest of Regional Queensland (median age 44 vs 41). Property ownership data shows 35% of property owners in Cairns City have a mortgage.

3,616

Population

$1,627 per week

Median household income

44 years

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