229-233 Mcleod Street

Cairns North QLD 4870

The property lends itself perfectly to the independent budget traveller, groups, and tour markets.
Bohemia Resort is listed for sale at $ 8 million. The vendor will consider realistic, formal proposals.
The property is a short 2 minute, 1.3km drive to Cairns CBD and a leisurely 5 minute, 4km drive to Cairns' Domestic and International Airports.
This purpose built solid heavily constructed complex is situated on a large 3,549 sqm site and comprises four separate buildings.

Rarely does a well established freehold tourist accommodation business become available for sale in Cairns, particularly a property of this quality, manageable size and desirable location. The opportunities this property/business offer are considerable and include:
The ability to capitalise on the existing business and grow the performance in line with
Cairns' improving leisure industry, particularly in the budget accommodation sector and
also by giving more attention to the international market.

Property features include:
A mix of room types (72 in total) From fully self-contained apartments to shared facility studio rooms with a Council approved 212 person site capacity
Facilities include an open plan poolside bar and restaurant which is currently not operating
A large resort style swimming pool with a separate spa and undercover BBQ facilities
Positioned upon a large 3,549 sqm land parcel (Zone medium density residential)
Strategically located close to major shopping centres and CBD, Qld Rail and Kuranda Tourist Train, Cairns Hospital and medical facilities, local sporting fields and clubs, restaurants/caf's, and many tourist attractions.

Opportunities exists improve revenue steams at the property by way of:
1. Operating the property via an active hands on approach rather than the existing vendors remote operation
2. Re-open the restaurant and offer breakfast, lunch and dinner to guests and visitors
3. Re-open the bar to guests and visitors
4. Establish the property with a National Brand Operator
5. Offer a pick up and drop off mini bus service for guests
6. Add extra toilets and showers to the shared facility rooms to bring the total en-suited rooms at the property to 60
7. Add a focus to local tour sales - approx 20% of tour commissions are paid to the property
8. Establish a marketing division to focus on International travellers as well as large tour and group bookings

Please contact us for further information and a property memorandum or to arrange an inspection.

To enquire, please email or call 1300 815 051 and enter code 3773