Retreat still in local hands
THE new owners of a Tablelands retreat have “big plans” for the well-known luxury accommodation venture.
Mt Quincan Crater Retreat at Peeramon, about 47km southwest of Cairns, sold in recent weeks for $2.2 million.
It comes about 28 years after locals Barbara and Kerry Kehoe bought the 58ha graz- ing property upon which they built their business.
Mt Quincan Crater Retreat opened its doors in 1998, and now features six exclusive “tree houses” set against rainforest.
Mr and Mrs Kehoe decided to retire and sold their beloved venture, initially listed for $2.5 million, on May 31.
“The sellers were happy, it had been on the market for a while … things in that price range tend to go a bit slower,” said selling agent Nichole Duane of Yungaburra Tinaroo Realty.
“They were retiring and are happy they can now make that transition.
“Our commercial properties have been getting a lot more interest than what they were, which is a sign the market is moving forward.”
Ms Duane said the property, popular among locals and tourists for romantic getaways, was unique in a number of ways.
The new owners are from the region and requested anonymity.
“We’re excited about the prospect of growing an iconic Far North Queensland business,” a spokeswoman said.
“We have big plans for the place and are looking forward to continuing the legacy built by the sellers.”