The popular Port Douglas Dougies Backpackers Resort for sale through Queensland Sotheby’s International Realty agents, Caroline Yarr and Lynn Malone.
The popular Dougies Backpackers Resort in Port Douglas is being marketed through Queensland Sotheby’s International Realty agents, Caroline Yarr and Lynn Malone with the property to be sold on a ‘best offer’ on or before 29th October, 2021.
The iconic hostel-style resort was recreated to target hospitality workers and holiday travellers. Accommodation is provided for 140 guests with a range of bungalows, tents and share rooms with facilities including a reception centre, restaurant, bar, beer garden, café and shop, swimming pool and a projection screen for hosting sporting events and movies.
Located at 109-113 Davidson Street, the freehold resort sits on two titles of land totalling 8,173 square metres. The property is being offered for the first time in 23 years and is a fully operational and profitable resort providing affordable accommodation for visitors and workers.
Dougies is currently owner-operated under a management team with vacant possession available and an option for transition management and staff as the new management takes over.
Port Douglas has evolved into a high-profile seaside community attracting the heads of Australian industry and celebrities who call it their home. The village is the essence of a barefoot lifestyle with its casual tropical charm appealing to locals and tourists alike.
The town has had more than 318,000 overnight visitors over the year to March, 2021 with the resort operating at 95% to 100% occupancy during the high season.
Port Douglas is also set to benefit from the Queensland Government’s national marketing blitz to capture the $53.8 million that Australian travellers would normally spend overseas.
General manager and one of the three owners, Stephen Yarr said, "Over the past 23 years, it has been a rewarding experience for Heather and me as the owner-managers of Dougies. Now it's time for the next phase of our lives as we make time to travel and for me, fine-tuning my golf game.'
Caroline Yarr from QSIR, said “Port Douglas is a landlocked town with limited DA-approved resort development sites; particularly sites of considerable size with proximity to Four Mile Beach and Macrossan Street's cafes, shops and services. “
“As a development site or an ongoing resort business, Dougies Backpackers Retreat exudes potential, potential, potential,” she said.
QSIR marketing and sales agent, Lynn Malone, said “that over the last couple of years, Port Douglas has gone from strength to strength as one of the most popular resorts and lifestyle destinations in Australia.”
“Dougies plays a significant role in providing low-cost accommodation for holidaymakers and hospitality industry workers seeking affordable housing until state and international travel resumes. As many businesses scramble to remain viable, Dougies is well poised for expediential growth and situated in a five-star development location.”
To request a copy of the Information Memorandum please contact one of the marketing agents at Queensland Sotheby’s International Realty, Caroline Yarr or Lynn Malone via the contact details below.