21 Palmer Street

Karumba QLD 4891

THIS IS THE LIFESTYLE CHANGE YOU HAVE BEEN WAITING FOR "WHERE THE OUTBACK MEETS THE SEA".

Karumba is a fishing and tourist mecca located in The Gulf of Carpentaria where fishermen and visitors alike travel from far and wide to enjoy all the region has to offer. It is the only town accessible by sealed bitumen road on the entire Gulf Coast, renowned for its impeccable Sunsets and the Iconic Ash's Cafe!

Since 1980 Ash's has maintained a high, consistent cash flow due to constant levels of traffic throughout the year, with high season stretching from March to December, these figures have continued to soar producing above average Net returns.
Perfectly located on the corner to the crossroads, just 500m from the Airport terminal, anyone visiting Karumba has to pass Ash's at The Point Cafe.

The business operates as;

Fully equipped Cafe/restaurant with current Liquor License for DINE IN Only
Outdoor covered seating up to 50+ persons at any one time
Catering service of 2-3 courses for groups, special events, plus daily Cafe menu
Souvenir Shop with limited grocery essentials, fishing gear, bait and tackle
Tour booking agent for Cairns to Karumba return bus service operating 3 times per week plus agent for local tourist attractions

ASSETS

FREEHOLD 502m2
3 bedroom, 1 bath home located above the Cafe, with open plan kitchen/dining/lounge, air conditioned throughout and easy access from either side of property
Laundry including 3 x large LG Front load washing machines and 1 x Maytag Dryer
Cafe is fully equipped including gas fryers/grill
1 x cold room, 1 x walk in freezer, additional commercial fridge/freezers
Forklift
65KVA Generator
108 Solar panels servicing Residence and Cafe
NBN Satellite service connections and Free to air TV

Ash's Cafe and residence IS to be SOLD! Financials will be made available to qualified buyers upon request.

In addition, the Sale of Ash's Holiday Units will be considered ONLY in conjunction with Ash's at The Point Cafe.

ASSETS
FREEHOLD 2,534m2 on 2 separate Titles
3 Cabin buildings with a cabin at each end, in total 6 Cabins, Plus 6 ground floor units, all fully self-contained with cooking facilities, air conditioning, internal bathroom/toilet, carport
Inground pool
Single Electric Car charging point
21 seat Coaster bus for airport transfers, tour group hire/use
60 Solar panels servicing Units, 20 solar panels servicing Cabins
NBN Satellite service connections, Free to air TV and FREE guest WIFI

Priced to Sell at $775,000 + stock with an average Net profit over the previous 3 financial years of $145,000 p.a. with tour bookings through until October 2022!
THIS IS THE LIFESTYLE CHANGE YOU HAVE BEEN WAITING FOR "WHERE THE OUTBACK MEETS THE SEA".
Phone today or send me an email for more information.

For more information contact:
Heidi McIntyre on 0488 660 092
Licensed Real Estate Agent


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