272-274 Draper Street, Parramatta Park, QLD 4870

272-274 Draper Street, Parramatta Park, QLD 4870 City Backpackers Prime Location & Opportunity

Don't miss out on your chance to own a thriving business and prime real estate in Tropical North Queensland!

Located in the vibrant suburb of Parramatta Park, just moments away from the bustling Central Business District and Cairns Central, this 809m2 property offers an unbeatable location. With the city centre and Cairns Central within walking distance, convenience meets opportunity at your doorstep.

The property boasts two freshly painted, charming Queensland-style high-set dwellings converted into various accommodation rooms, complemented by two additional cabins, totalling four accommodation buildings. Three kitchens and facilities cater to guests' needs, while an inviting in-ground swimming pool and landscaped grounds enhance the tropical feel.

Cairns City Backpackers has been a mainstay in the hospitality scene for years, enjoying a solid reputation for excellence and boasting accommodation a for up to 36 persons and 22 rooms. The current owners have seen consistent growth and profitability, with additional revenue streams available through the Tour Desk and Vending services, further enhancing the property's income potential.

Future development potential adds even more value to this already lucrative investment opportunity. The property is offered as a "Sold as a Going Concern," including the business and all associated intellectual property rights.

Contact our dedicated agent Kate Fern on 0477701502 for an information memorandum and secure your piece of paradise in Tropical North Queensland. Opportunity knocksanswer the call now!