SOLD
Sold on 19 Jul 2024 for $2,050,000

88 Kuranda Heights Road
Kuranda QLD 4881

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 21m2
Land area: 36230m2
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Property Details for 88 Kuranda Heights Rd, Kuranda

Building Type
Commercial
Floor Size
21m2
Land Size
36230m2
Local Government
Mareeba
Lot/Plan
2/SP201114

Last Listing description (November 2023)

Peace. Serenity. Tranquility.

Just 3 of the words you would use to describe this amazing caravan park set amongst a stunning rainforest backdrop.

If this sounds like you please read on!

This multi-income stream park is situated on (approx.) 3.6 hectares, tucked away within a peaceful pocket of the Far North Queensland Tablelands region.

As guests to the park say; it's a hidden gem and one of the best kept secrets!

A harmonious combination of permanents and holiday makers ensure that this is a robust business regardless of what's happening in the outside world.

A very well-maintained budget or backpackers lodge, cabins, poolside units and a new upcoming caf shows the diversity that this property boasts.

The park has been successfully run under management for the last 10 years; giving flexibility and security to new owners with knowledge that they can make more money and get their hands dirty but still have the confidence of a high performing asset should they move on to other ventures.

Large expansive lands with nature walk signposts all around, really do give the opportunity to have it all.

A lot of the hard work has been done with the current owners setting up 22 permanent residents with a waiting list to get in, giving stability and security of income.

Kuranda is a mountain village in the Far North Queensland Tablelands near Cairns, in Queensland, on Australia's northeast coast. It's known for the Kuranda Scenic Railway, one of the world's longest Skyrail Rainforest Cableways, historic markets, Indigenous Art, multiple animal parks and surrounded by beautiful tropical rainforest. A true piece of paradise awaits!

Key Features:

* Both long term and short-term accommodation
* Successfully run under management for past 10 years
* New restaurant/caf opening up in the coming weeks.
* Huge expansive lands with opportunity of more sites
* Waiting list of long-term tenants.
* 58 x powered sites / 24 x un-powered sites
* 22 x permanent / ,4 x poolside units / 5 x cabins
* Reception / camp kitchen/ guest laundry facilities
* Plenty of guest parking
* 2 x bedroom residence
* Huge land parcel - 3.62 hectares (approx.)

This outstanding opportunity would suit a wide range of people from the savvy investor to the experienced park owners who want to leave their own mark, or anyone who just wants to have it all; making money while being surrounded by tranquility, the choice is yours.

For more information and to book an inspection contact Alex Stagg at MHB direct on 0406 856 710.

Property History for 88 Kuranda Heights Rd, Kuranda, QLD 4881

A timeline of how this property has performed in the market
Last Sold
$2,050,000
19 Jul 2024
  • 19 Jul 2024
    Sold for $2,050,000
  • 20 Sep 2023
    Listed for Sale Freehold Going Concern - $3,300,000
  • 14 Feb 2017
    Listed for Sale Buyers Over $1,950,000
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About Kuranda 4881

The size of Kuranda is approximately 110.8 square kilometres. It has 13 parks covering nearly 55.6% of total area. The population of Kuranda in 2011 was 2,966 people. By 2016 the population was 3,005 showing a population growth of 1.3% in the area during that time. The predominant age group in Kuranda is 50-59 years. Households in Kuranda are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kuranda work in a professional occupation. In 2011, 71.4% of the homes in Kuranda were owner-occupied compared with 68.5% in 2016.

Kuranda has 1,640 properties. Over the last 5 years, Houses in Kuranda have seen a 70.28% increase in median value, while Units have seen a -33.19% decrease. As at 31 October 2024:

  • The median value for Houses in Kuranda is $690,822 while the median value for Units is $357,339.
  • Houses have a median rent of $595.
There are currently 51 properties listed for sale, and 2 properties listed for rent in Kuranda on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Kuranda.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.