Palm Cove, Queensland
Premier Management Rights Business – Tropical North QLD
$4,195,000
Business Description
Premier Management Rights Business – Palm Cove, Tropical North QLD
Location: Palm Cove, Far North Queensland, Australia
Introduction: Here presents an exceptional opportunity to own and manage a premier Management Rights business in Far North Queensland, nestled in Palm Cove on the stunning northern beaches of Cairns.
Property Overview: Situated amidst the breathtaking beauty of Palm Cove, the complex offers beautiful facilities in a tranquil setting, providing guests with a serene atmosphere to unwind. Boasting a prime location, it offers easy access to the region's natural wonders.
Manager's Residence: The package includes a generous manager's residence featuring 3 bedrooms, 2 bathrooms, and a sunroom, with access to a spacious outdoor grassed area to the rear.
Key Features:
- The complex comprises a mix of fully self-contained one and two-bedroom apartments that include dual key units.
- Each unit is individually furnished to quality standards, ensuring a unique guest experience.
- Zoned for short-term stays only, presenting lucrative opportunities for the management rights operator.
- Long-term letting agreements in place, offering stability for potential owners.
- Just a 5-minute walk to Palm Cove beach, enhancing the property's appeal.
Financials:
- Business Price $3,345,000 plus two property titles valued at $850,000.
- An impressive net profit of $743,452, promising a fantastic return on investment for the management rights owners.
Versatility:
- This opportunity presents not only a business venture but also an enviable lifestyle, or the potential to be managed by a dedicated management company.
Contact Information: For further details and inquiries, please contact Dilan De Silva.
Business Summary
Key Investment Insights
1. Located in the popular tourist destination of Palm Cove in Far North Queensland, offering a prime location for a management rights business.
2. The complex boasts beautiful facilities and a tranquil setting, providing guests with a serene atmosphere to unwind.
3. The manager's residence features 3 bedrooms, 2 bathrooms, and a sunroom, with access to a spacious outdoor grassed area.
4. The mix of fully self-contained one and two-bedroom apartments, including dual key units, cater to a diverse range of guests.
5. Each unit is individually furnished to quality standards, ensuring a unique and comfortable guest experience.
6. Zoned for short-term stays only, presenting lucrative opportunities for the management rights operator.
7. Long-term letting agreements in place, offering stability and a steady income for potential owners.
8. Just a 5-minute walk to Palm Cove beach, enhancing the property's appeal and potential for high occupancy rates.
9. The business is priced at $3,345,000, with an impressive net profit of $743,452, promising a fantastic return on investment for the management rights owners.
10. This opportunity presents not only a business venture but also an enviable lifestyle, or the potential to be managed by a dedicated management company.
