29 Palm StreetTinaroo QLD 4872
Property Details for 29 Palm St, Tinaroo
Last Listing description (October 2019)
Tinaroo Lake Resort is located on a peninsula surrounded by the pristine waters of Lake Tinaroo on the Tropical Tablelands, near Cairns in Far North Queensland.
The resort offers excellent accommodation packages for functions, ranging from weddings to conferences and private celebrations. It also hosts a wide range of special interest conferences and gatherings, with packages to satisfy the most discerning guests.
Management Rights - 19 Units $575,000
The Lodge Function Center - $225,000
Freehold Function Center - $1,200,000
Key features:
Well established business
Great location
Fantastic investment property
Easy access
Great return on investment
Perfect investment for a couple
Offers catering functions for weddings, corporate events, meetings and special occasions
Easy to run business
Steady profits year on year
Opportunity for further growth with local area marketing activity and increasing online presence
For full details on this business contact:
Pruthesh 07 40336944
Email: pruthesh.patel@finnbusinesssales.com.au
Property History for 29 Palm St, Tinaroo, QLD 4872
- 07 Jul 2020Listed for Rent $380 / week
- 16 May 2019Listed for Sale $2.6 Mil
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0About Tinaroo 4872
The size of Tinaroo is approximately 20.2 square kilometres. It has 5 parks covering nearly 124.8% of total area. The population of Tinaroo in 2011 was 281 people. By 2016 the population was 299 showing a population growth of 6.4% in the area during that time. The predominant age group in Tinaroo is 60-69 years. Households in Tinaroo are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Tinaroo work in a managers occupation. In 2011, 78.2% of the homes in Tinaroo were owner-occupied compared with 83.3% in 2016.
Tinaroo has 295 properties. Over the last 5 years, Houses in Tinaroo have seen a 65.79% increase in median value, while Units have seen a 24.45% increase. As at 31 October 2024:
- The median value for Houses in Tinaroo is $652,297 while the median value for Units is $503,995.
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