Cairns City, Queensland

Low real estate buy-in required, 2.6 x multiplier, 38% ROI

$690,000

Business Description

An outstanding opportunity exists to secure the management rights of this well-established and consistently performing accommodation business in one of Far North Queensland’s strongest tourism markets.

Offered at $690,000, this opportunity represents excellent value with a low multiplier of just 2.6x, making it particularly attractive to experienced operators and first-time buyers seeking strong returns with manageable entry costs.

The business delivers a solid return on investment, underpinned by a proven trading history and the ongoing demand driven by Cairns’ year-round tourism, reef activities, corporate travel, and domestic holiday market. The operation benefits from repeat clientele, streamlined systems, and a manageable scale that allows for an excellent lifestyle balance while maintaining strong profitability.

A standout feature of this offering is the exceptionally affordable real estate component, priced at only $195,000. The manager’s residence comprises a one-bedroom, one-bathroom apartment with an adjacent office, providing comfortable on-site living with immediate access to daily operations. This low real estate buy-in significantly reduces overall capital exposure while still offering the security and convenience of ownership.

The property is well-positioned, with easy access to key attractions, transport links, and the Cairns CBD. Its configuration and size allow for efficient management without the need for excessive staffing, helping to keep overheads low and margins healthy. The 15 apartments in the letting pool are dual key, providing 30 keys.

With a total purchase price of $690,000, a competitive multiplier, and a separate real estate value of only $195,000, this management rights business represents a compelling combination of affordability, income, and lifestyle. Opportunities at this price point with such a favourable multiplier are increasingly rare in the Cairns market.

This is an ideal acquisition for owner-operators seeking a profitable business with genuine upside, or for investors looking to enter the management rights sector at a sensible and sustainable level.

Inspection is highly recommended.
Opportunities offering this level of value, return, and entry affordability do not last long.

Business Summary