Cairns, Queensland

Urgent Disposal - Price Slashed

$649,000 (Real Estate $279,000 Business $370,000)

Business Description

Located in Cairns, a tropical paradise where the rainforest meets the reef, and is the only place in the world where two world heritage-listed sites can be found side-by-side.

Exceptionally motivated vendor is relocating interstate for dream career opportunity.

Complex provides resort-style facilities and easy to maintain tropical style gardens, this is a low maintenance and low hours business.

The spacious manager's unit including two-bed plus study, 2 bath and car park with a recent $30,000* renovation.

A perfect opportunity for a couple or small family to work and play in the delights of this location.

Key points:-
* Motivated vendor requires a quick sale for moving cities
* Desirable location! Proximity to Pease Street cafes, bars, restaurants
* Long-term caretaking and letting agreements to 31 July 2040 (+17 years)
* $105,337* Projected full-year net profit (based on 1/8/22-31/03/23 P&L)
* $80,071*p.a. Current caretaker salary; locked-in CPI annual increases
* 15 Units in the permanent letting pool out of 34 units in the complex
* Opportunity for focussed new management to grow units in the letting pool
* Ideal business for a husband and wife or couple to run
* Low hours and low maintenance complex
* Resort facilities; outdoor heated pool, spa, barbecue facilities, and secure parking

Act now and do not delay as this is one incredible opportunity that will not last.

Contact Craig Cornish on ---------- .

Approx*

Disclaimer:
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.

Business Summary

Marketing Agent

Craig Cornish

0414897....

Ray White Commercial Gold Coast

Key Investment Insights

AI generated. Confirm details with the seller.

1. Urgent disposal of a business located in Cairns, a popular tourist destination with two world heritage-listed sites.
2. Exceptionally motivated vendor who is relocating for a dream career opportunity.
3. Low maintenance and low hours business with resort-style facilities and easy to maintain tropical gardens.
4. Spacious manager's unit with recent renovations.
5. Ideal opportunity for a couple or small family to work and live in a desirable location.
6. Motivated vendor requiring a quick sale for moving cities.
7. Proximity to Pease Street cafes, bars, and restaurants.
8. Long-term caretaking and letting agreements in place until 2040.
9. Projected full-year net profit of $105,337.
10. Current caretaker salary of $80,071 with locked-in CPI annual increases.
11. 15 units in the permanent letting pool out of 34 units in the complex.
12. Opportunity for new management to grow units in the letting pool.
13. Ideal business for a husband and wife or couple to run.
14. Resort facilities include outdoor heated pool, spa, barbecue facilities, and secure parking.
15. Act quickly as this opportunity will not last.
16. Contact Craig Cornish for more information.
17. Disclaimer: Ray White has not independently verified the information provided and makes no warranty as to its accuracy. Prospective purchasers/lessees should conduct their own investigations.