1 Coconut Street

Holloways Beach QLD 4878

Created during the largesse of the 1980s, this massive home is spread over two levels and consists of five bedrooms, a large office, fully self-contained granny flat, rumpus room, large formal lounge & dining room, huge upper deck overlooking a large in-ground pool, and oversized double garaging with workshop.
Take advantage of the 50 metre proximity to the expansive beach at the Southern end of Holloways Beach with beach walks, fishing or kite surfing or a leisurely stroll into the heart of the village for a selection of shops and restaurants. If you need some serious shopping, you are only just over 10 minutes' drive to Cairns CBD or North to Smithfield Shopping Centre.
Herein lies a wonderful opportunity for the astute purchaser to acquire either a supersized family home or to create substantial permanent or holiday rental income. The home is currently tenanted with the lease expiring in Jan. It definitely needs some love to restore it to its former grandeur. The contract on the home has just crashed. A motivated and pragmatic absentee owner has realistically priced this home to allow scope for dollars to be spent on substantial modernisation without over-capitalising, if required.