I got this the other day and wanted to share what I got for the money. I bought this new on the 'bay for $239.99 shipped, with no case or gigbag. Here are some details:
The body: Agathis/ 3pc construction. No flaws in the finish. It looks alright, but maybe sunburst isn't the best finish for a 3pc body. I like the back better than the front. In it's defense it looks as good as a MIM Fender. The bridge is a serviceable high mass unit. I don't see a need to upgrade it. The pickguard (cream/3ply) is flat without any waviness. All the screws are in straight. The bass weighs about 9lbs.
The neck: Maple (C shape,) 22 frets. I was suprised to find it was a one piece neck with no scarf joint. It has a light satin finish that was uniform. No drips or runs that I can find. The frets were not sharp! The tuners work well without slack. It came strung with D'addario strings.
Electronics: Jazz p/u at the neck and a MM type at the bridge. Controls are Volume, Blend, Bass/Treble. It can be used active or passive.
Sound: I didn't buy this thinking "I'm getting a Stingray clone!" It really doesn't sound like one. The MM pickup solo'd doesn't have that "airy" quality. It's clean and clear but not as full as I would like. The J pickup solo'd is clean as well and has a lot of bottom. I like this bass best with both pickups used. Here is a youtube clip (in German) that will give you an idea of what it sounds like:
YouTube - ‪Cort GB-34 A 3TS‬‏
Overview: For the price I think it's a very good purchase. I was pleased with the fit/finish and playability. That being said, with the availability of giggable basses available in this price range I don't think I would pay that much more for it.