Rare op­por­tu­nity

Port Douglas & Mossman Gazette - - HOT PROPERTY -

THE mo­tel where Christo­pher and Pixie Skase called “home” in Port Dou­glas while the Sher­a­ton Mi­rage was be­ing built will go up for auc­tion tonight.

The Port Dou­glas Mo­tel has al­most 30 years of his­tory be­hind it and is con­sid­ered a prime com­mer­cial site as it is the clos­est half-acre prop­erty to the main street on one ti­tle.

The 20-room com­plex was built in 1973 and en­joys frontage to David­son, Owen and Warner Streets.

Sell­ing agent Cal­lum Jones, of Tony McGrath Real Es­tate, said there are sev­eral reg­is­tered bid­ders and plenty of op­tions for the new own­ers to add to its rich his­tory.

“This is where Skasey schemed his fi­nal touches to the Mi­rage,” he said.

“It’s got plenty of po­ten­tial be­ing on the one ti­tle and when you con­sider the last ma­jor re­sort was built in Port Dou­glas five years ago, it of­fers huge po­ten­tial.

“In five more years those new­est re­sorts will be 10 years old and a canny in­vestor might see it as an op­por­tu­nity to build some­thing new.”

Cal­lum said the man­age­ment rights alone are worth more than $100,000 per an­num and the mo­tel is in good con­di­tion de­spite its age.

“They don’t build them like this any­more,” he said.

The mo­tel will be auc­tioned at 6pm to­day at the Cairns Hil­ton. To reg­is­ter your in­ter­est contact Cal­lum on 0437 981 195.

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