Palm Cove, Queensland

A RARE OPPORTUNITY TO ACQUIRE ONE OF CAIRNS’ MOST DESIRABLE MANAGEMENT RIGHTS | Resort Brokers ID : MR008103

$4,195,000

Business Description

ResortBrokers are proud to exclusively bring to the market one of Far North Queensland’s premier Management Rights businesses, nestled on the northern beaches of Cairns.

The property is the epitome of beauty in presentation and quality in design.

The well-appointed and spacious manager’s residence contains 3 bedrooms, 2 bathrooms and a sunroom and has access to a large outdoor grassed area to the rear.




- The complex comprises a mix of fully self-contained one and two bedroom apartments and also a large amount of dual key apartments allowing it to cater to a wide market. All are individually furnished to exceptionally high standards, providing luxury accommodation.
- Property is zoned short term only.
- Business is currently being run under management.
- Long agreements in place.
- 5 minutes walk to Cairns’ premier beach.
- Large net profit (actual) of $743,452
- Inspections by appointment only.
Date updated: 09 Jun 2024 23:00:13

Business Summary

Business Snapshot

Price: $4,195,000 Net Profit: $743,452 Remuneration / Body Corp Salary: $189,158

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 58Total Units in Letting Pool: 37Owner Occupy Units: 6Outside Agent Units: 13Agreement Term Remaining: 17 years
Marketing Agent
Listing location
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