OFF MARKET

73 Jacobs Road
Kurrimine Beach QLD 4871

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3m2
Land area: 15735m2
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Property Details for 73 Jacobs Rd, Kurrimine Beach

Building Type
Commercial
Floor Size
3m2
Land Size
15735m2
Local Government
Cassowary Coast Regional
Lot/Plan
439/NR4558

Last Listing description (February 2010)

HOTEL, MOTEL, CABIN & CARAVAN PARK. ABSOLUTE BEACHFRONT TROPICAL NORTH QUEENSLAND.
King Reef Resort, Kurrimine Beach is located between Cairns and Mission Beach in tropical far north Queensland. The resort is situated on 1.57 hectares with 159 metres of absolute, palm fringed beachfront. King Reef is renowned as a fisherman's paradise due to the close proximity of the Barrier Reef to the mainland, providing this complex with continuing repeat business. The property consists of a Hotel with full gaming licences: Tab, Keno , Pokies, Bottle Shop and meals. Motel with swimming pool, BBQ facility and Coin Operated Laundry. Caravan and Cabin Park.
The hotel is the only licenced hotel in Kurrimine Beach and its beachfront position provides patrons with wonderful views of the ocean and Dunk Island.

This is an easily managed property either by owners or under management and would provide an excellent seachange/lifestyle change for operators looking for that bit of tropical paradise.
Property Features:
Beachfront Location (1.57 hectares)
Motel:
11 fully furnished self contained apartments
4 fully furnished studio apartments
Pool and BBQ facilities
Hotel:
Liquor & Gaming licence: 10 Pokies plus Keno facilities
Indoor and Outdoor dining
Bottle Shop
Caravan / Cabin Park
60 powered sites with concrete slabs
5 Beachfront Cabins (2 bedrooms)
Camp Kitchen
Ablution Block
Laundry
Managers Residence (3 bedrooms)
For further information and financial details contact: KIM SHIPWAY 0403 527 350
Email: kimshipway@optusnet.com.au

Property History for 73 Jacobs Rd, Kurrimine Beach, QLD 4871

A timeline of how this property has performed in the market
Last Sold
$2,250,000
04 Nov 2021
  • 04 Nov 2021
    Sold for $2,250,000
  • 02 Feb 2010
    Listed for Sale EXPRESSIONS OF INTEREST SOUGHT
  • 26 Nov 2008
    Listed for Sale $6,900,000
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About Kurrimine Beach 4871

The size of Kurrimine Beach is approximately 38.3 square kilometres. It has 3 parks covering nearly 43.1% of total area. The population of Kurrimine Beach in 2011 was 605 people. By 2016 the population was 741 showing a population growth of 22.5% in the area during that time. The predominant age group in Kurrimine Beach is 60-69 years. Households in Kurrimine Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kurrimine Beach work in a managers occupation. In 2011, 69.6% of the homes in Kurrimine Beach were owner-occupied compared with 66.2% in 2016.

Kurrimine Beach has 597 properties. Over the last 5 years, Houses in Kurrimine Beach have seen a 34.33% increase in median value, while Units have seen a 51.97% increase. As at 31 October 2024:

  • The median value for Houses in Kurrimine Beach is $387,612 while the median value for Units is $496,481.
  • Houses have a median rent of $450.
There are currently 12 properties listed for sale, and no properties listed for rent in Kurrimine beach on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Kurrimine beach.

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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.