Cairns North, Queensland
An Easy to Manage, Profitable Short-Stay Business with Immediate Upside | Resort Brokers ID : MR008940
$750,000
Business Description
Oasis Inn Holiday Apartments delivers exceptional value with a net profit of over $200,000, generating a huge return on total investment. This 27-apartment complex in Cairns North offers 24 units in a strong letting pool, achieving 80%+ average year-round occupancy from repeat holiday guests and corporate clients. Zoned exclusively for short-stay accommodation, the business operates without owner-occupiers, ensuring consistent rental income and straightforward management. With 22 years remaining on agreements and no set office hours, you control your schedule while enjoying predictable cash flow.
The spacious three-bedroom, two-bathroom manager's residence spans 126 square metres on the ground floor with direct parking access, providing comfortable live-in convenience. Located between the CBD and airport, within walking distance of Cairns Hospital and the Esplanade, the property attracts steady demand from both leisure and business travellers. Guest facilities including pool, barbecue area, coin laundry and tour desk enhance appeal, while recent refurbishments keep the complex fresh. The Resly management system streamlines operations, making this an accessible opportunity for first-time operators or a solid addition for experienced managers seeking reliable performance and lifestyle flexibility.
- No set office hours, offering operational flexibility and reduced overheads
- Prime location between CBD and airport, attracting both holiday and corporate guests for stable year-round demand
- Delivers a strong return on pruchase price, providing strong cash flow and rapid payback
- Consistently high occupancy driven by loyal repeat guests and corporate contracts
- A solid, easy-to-run 27-apartment complex operating under short-stay zoning, delivering strong occupancy and a reliable, low-risk income stream
- Inspections are strictly by appointment only
Date updated: 26 Nov 2025 22:00:02
Business Summary
Business Snapshot
Price: $750,000
Net Profit: $205,448 Remuneration / Body Corp Salary: $41,852
Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 27Total Units in Letting Pool: 24Outside Agent Units: 1Lockup Units: 1Agreement Term Remaining: 22 years