Cape ac­tion

Port Douglas & Mossman Gazette - - FRONT PAGE - Jessie Tol­son

THE fu­ture of the once thriv­ing Cape Tribu­la­tion Re­sort and Spa looks promis­ing with a West Aus­tralian buyer pur­chas­ing the prop­erty for an undis­closed amount.

Cape Tribu­la­tion Re­sort and Spa - for­merly Co­conut Beach Re­sort - is a beau­ti­ful award-win­ning re­sort on 100 acres of the world’s old­est rain­for­est, fring­ing the white sands of Co­conut Beach - where the rain­for­est meets the reef.

The re­sort was built in the early ’90s and sold to the Voy­ages group in 2002 for $8 mil­lion and in the four years in the group was an ex­tremely busy re­sort which sup­ported the Cape Tribu­la­tion econ­omy with overnight guests. Voy­ages then sold up to OCE in 2006 for $6 mil­lion and soon af­ter the global fi­nan­cial cri­sis hit and the re­sort suf­fered like many oth­ers and closed its doors in 2011.

The re­sort has sat idle for al­most three years now and was on the mar­ket for a mere $1 mil­lion.

Raine & Horne’s Daintree re­gion sales spe­cial­ist Mark Whitham in­formed the Gazette of the sale.

‘‘The Cape Tribu­la­tion Re­sort is un­der con­tract due to set­tle early Novem­ber,’’ he said.

‘‘A West Aus­tralian buyer has pur­chased for an undis­closed amount and he plans to re­vamp the re­sort to its for­mer glory.

‘‘The Cape Tribu­la­tion re­gion suf­fered badly dur­ing the GFC with a num­ber of busi­nesses clos­ing doors.

‘‘This year we can safely say the tourism num­bers have im­proved con­sid­er­ably.

‘‘With CTR the last sub­stan­tial closed busi­ness in Cape Trib, hope is re­newed for a full turn around. ‘‘Cape Tribu­la­tion is pop­u­lated with a num­ber of qual­ity busi­nesses and The Cape Tribu­la­tion Re­sort will likely be re­fur­bished to its for­mer glory.

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