Cairns, Queensland
High % ROI Management Rights in Cairns - PRICED TO SELL! | Resort Brokers ID : MR008610
$1,245,000
Business Description
ResortBrokers presents an exciting business opportunity with Koala Court Holiday Apartments in Cairns, offering a remarkable 23% ROI. This management rights business features 19 self-contained units and a spacious manager's residence. With no set office hours and a prime location near key amenities, it ensures high occupancy and reliable income. The business generates a net profit of $284,397, supported by efficient management systems and low-maintenance duties. Ideal for experienced operators or first-time buyers seeking excellent returns and long-term stability.
- Spacious 3-bedroom manager's residence with lock-up garage and ample storage
- Reliable income stream with high occupancy rates from corporate and leisure guests
- Prime location near shops, cafes, esplanade, hospitals, and airport
- Low-maintenance property with no set office hours or on-site living requirement
- Holiday-only zoning ensures a community of short-term renters
- Inspections by appointment only
Date updated: 20 Feb 2025 22:00:02
Business Summary
Business Snapshot
Price: $1,245,000
Net Profit: $284,397 Remuneration / Body Corp Salary: $60,563
Managers Unit
Value of Managers Apartment: $495,000Bedrooms: 3Bathrooms: 1Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 20Total Units in Letting Pool: 19Agreement Term Remaining: 21 years