Cairns, Queensland

27% ROI on the Business and 3.65 X Multiplier in Premier Location

$3,050,000

Business Description

Great dual key complex, providing spacious guest accommodation with flexible studio, one or two bedroom apartments. Top guest facilities and a niche market, along with repeat clientele, make this a top business. The property is currently run under management, has a very cooperative Body Corporate and $210,000 incl. GST salary, with 23 years on the agreements. This robust business deserves a high level of consideration by partnerships, corporates and other entities looking for a suitable and profitable property,

This compelling offering boasts an iconic property – in one of the most sought after holiday locations in TNQ. It is four star providing ease of operation and with full resort facilities on large beautifully landscaped grounds. It comprises five individual buildings with four pools and three separate wellness spa retreats. The spas are fully operated by professional contractors.

Perfectly sheltered in a prime location with a walk to the beach and a stroll to all restaurants. This property also presents as a real lifestyle business, with the manager enjoying a large three bedroom apartment with sunroom, outdoor grassed area and on site café on title.
Contact Calvin today for more details. Confidentiality conditions apply.

Business Summary

Business Snapshot

Price: $3,050,000 Net Profit: $603,000

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes

3 bedroom, 2 bathroom + sunroom manager's residence with large outdoor grassed area. $650k for the apartment + $200k for the onsite cafe.

Complex Information

Complex Type: HolidayStar Rating: 4Total Units in Complex: 58Total Units in Letting Pool: 35Owner Occupy Units: 6Outside Agent Units: 7Lockup Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Calvin Bailey

Calvin Bailey Management Rights

Key Investment Insights

1. 27% ROI on the business, 3.65 times multiplier, asking price $3,050,000.
2. Net profit $603,000, indicating strong earnings relative to sale price.
3. Manager’s apartment valued at $850,000, comprising a 3 bedroom, 2 bathroom unit with sunroom, large outdoor grassed area, exclusive office use, one car space and pets permitted.
4. Onsite café on title valued at $200,000, included in the manager package.
5. Business currently run under management, with a cooperative Body Corporate and $210,000 incl. GST salary referenced under long‑term agreements.
6. Long secure agreement structure, original term 25 years with 23 years remaining, providing operational continuity.
7. Resort complex of five individual buildings set on large landscaped grounds, full resort facilities supporting ease of operation.
8. Four pools and three separate wellness spa retreats, spas fully operated by professional contractors, reducing owner operational burden.
9. Holiday complex, four star rating, total of 58 units with 35 units in the letting pool, 6 owner‑occupy, 7 outside agent units and 6 lockup units.
10. Prime Tropical North Queensland location, walking distance to the beach and restaurants, strong repeat clientele and niche market appeal.
11. Positioned as a lifestyle business with onsite manager residence and café, attractive to partnerships, corporates and investor entities.

Management Rights Multiplier: 3.65
ROI Estimate: 19.77%