One of a Kind Lifestyle Opportunity Presenting an unrivalled opportunity to own an established, profitable boutique business and a completely refurbished landmark home representing part of Cairns' history. Operating as a licensed guesthouse for more than 25 years, Lilybank has recently undergone a beautifully considered update throughout, breathing fresh life and contemporary comfort into this impressive property. Set within landscaped tropical gardens with a resort style pool, the expansive 2-level house comprises accommodation in 6 ensuite bedrooms, with kitchen and living areas on both levels, and multiple outdoor spaces overlooking the beautiful gardens. The lovely self-contained manager's residence is set apart from the main house and features all new kitchen appliances and a beautiful private garden outlook. Walking distance from Stratford Village, this vibrant, up-and-coming area offers doorstep access to cafes, restaurants, a pub, Post Office, and many other amenities. With maximum flexibility of accommodation in one of Cairns' most sought after and picturesque suburbs, the iconic "Lilybank" delivers a walk-in lifestyle investment for short term rental or Airbnb, and the opportunity to relocate or retire with benefits. - Set over 2 expansive levels, with kitchen and living spaces on both levels - Multiple outdoor spaces, huge wrapround balcony upstairs, patio downstairs - Beautifully updated 1-bedroom manager's residence with private garden - Inground pool set within gorgeous landscaped tropical gardens - Bedrooms feature air-con, ensuites and access to outdoor living spaces - Completely refurbished, repainted, and updated throughout - Security system with cameras, upgraded fire system, solar power - Double carport plus additional parking for six vehicles - Set on 1,306m2 block, 10 minutes to the airport, 15 minutes to the CBD - Walking distance to cafes, restaurants, library, and local amenities - Suitable for short term rental or Airbnb, rooms rent for $350 pw plus expenses - Maximum flexibility for lifestyle and investment in premium location