Hillier Property are proud to offer Castaway’s Backpackers and Guest Lodge, in the tourist mecca, Cairns North. Located on the main road, Sheridan Street, the property operates at close to 100% occupancy, with extremely low operational costs.

The 34-room property features inclusions to attract visitors, while keeping operational processes and costs to a minimum.

Key Features

• Pool Table
• BBQ Area
• Inground Pool
• Securely Gated
• 40kw solar system
• Communal kitchen
• Fully equipped laundry
• 34 air-conditioned rooms
• 12 Camera security system
• Fridge/Freezer in each room
• Multiple outdoor leisure areas
• Coin operated air conditioners
• All rents and fees are direct debit
• Minimal staffing of office required
• Coin operated washing machines
• Fridges and television in communal lounge
• $382,471.00* Net Profit (Feb 2024-Jan 2025)
• New linen, towels, pillows, quilts and curtains
• Potential to increase current rates in peak periods
• Redevelopment potential STA- 5 Storey Height Limit
• Operational flexibility to run as backpackers or as short-term accommodation
• Electrical, air conditioning, hot water and fire safety upgrades recently undertaken

Accommodation Breakdown

• 1 X Managers Residence (1 bed/1 bath/1 living & kitchen)
• 4 X Ensuite rooms (Double & Triple)
• 23 X Double or Twin Rooms
• 2 X Single Rooms
• 3 X Triple Rooms
• 1 X Five Share Room

Location

• Cairns Airport – 5.4km*
• Cairns Marina- 2.3km*
• Cairns Esplanade Lagoon- 950m*
• Karanda Scenic Railway- 29km*
• Sheridan Street is the commercial/retail hub of Cairns North
• 4th most popular international tourist destination In Australia
• Gateway to tropical North Queensland & The Great Barrier Reef

For more information contact Brad Hillier on 0405 371 109.