Developments

Cairns icon up for sale

The historic Cape York Hotel is up for sale.

Gayle Scowcroft and her son, Ben, bought the Cape York four years ago but after 35 years of managing hotels have decided to retire.

The iconic hotel has dominated the Spence/Bunda streets intersection and has been a local favourite since 1898 when it was the Tramway, named after the trams that passed the veranda down Spence St. It was rebuilt in 1926 and renamed the National Hotel. In August 1987 a large gas explosion severely damaged the building and after some detailed rebuilding it re-opened as the Cape York.

Selling agent Frank Boswell of Australian First Realty said the lease had 12 years to run.

“There are two bars plus a beer garden, eight accommodation rooms and a manager’s quarters, 14 gaming machines, a bistro and a drive-through bottle shop,” he said.

Mr Boswell said the $250,000 asking price plus stock to be negotiated offered “great value”.

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