Cairns North, Queensland

Cairns Esplanade Management Rights - $332,000 Net, No Onsite Residency Required | Resort Brokers ID : MR009189

$1,650,000

Business Description

This opportunity generates a strong $332,000 net profit from 16 well-positioned units along the Cairns Esplanade, with a secure 19-year agreement set to be extended to 24 years prior to settlement. Its prime location offers easy walking access to the marina, vibrant CBD dining precinct, Cairns Aquarium and hospital, while the airport is less than five minutes away - an ideal combination that supports consistent year-round occupancy driven by Cairns’ thriving tourism market.

The business is designed for simplicity, with no set office hours and straightforward caretaking across a low-rise complex featuring a pool, BBQ area and Wi-Fi. Resly booking software is already in place, ensuring smooth day-to-day operations. The ground-floor manager’s residence comprises two bedrooms, a spacious courtyard, office and on-title storage, with no requirement to live onsite - offering flexibility to operate remotely or generate additional income by adding it to the letting pool.

With one unit currently managed externally, there is clear upside in expanding the letting pool and further enhancing returns. A stable body corporate and long-term agreement underpin the security of this investment, making it an appealing option for both hands-on operators and those seeking a more flexible management approach.

- Waterfrontlocation within walking distance of Cairns Marina, CBD dining, Cairns Aquarium and hospital, and less than five minutes from the airport.
- Low-maintenance operation with no set office hours and straightforward caretaking duties.
- Ground-floor manager's residence with office and storage on title, offering flexibility to live offsite or add the unit to the letting pool.
- No onsite residency requirement, allowing remote operation or additional letting income from the manager's unit.
- Inspection by appointment only.
Date updated: 10 Jun 2026 23:00:02

Business Summary