Palm Cove, Queensland

PARADISE ON THE BEACH - THE NAME SAYS IT ALL! PRIME BEACHFRONT MLR in PALM COVE | Resort Brokers ID : MR009382

Expressions Of Interest

Business Description

This is management rights with a difference — 29 of the resort’s 34 apartments are included in the sale, together with a one-bedroom manager’s residence, reception, office and operational facilities. In scale, ownership and control, this opportunity is far closer to owning and operating a substantial motel than traditional management rights.

Paradise on the Beach Resort occupies approximately 1,800sqm of absolute beachfront land in Palm Cove, directly opposite the patrolled swimming area and within easy walking distance of the area’s popular dining and entertainment precinct.

With 31 apartments currently in the short-term letting pool, the incoming operator gains significant scale, real estate ownership and body corporate influence. Trading demonstrates strong underlying demand, with approximately $202,000 in peak monthly gross revenue and 98% occupancy achieved in July 2025.

Importantly, the business is currently trading below comparable beachfront properties, providing significant upside through improved occupancy, ADR and revenue management.

With its combination of 29 owned apartments, absolute beachfront positioning and substantial operational infrastructure, Paradise on the Beach Resort presents an exceptional opportunity for experienced management rights operators, motel operators or established accommodation groups.

- Absolute beachfront position – Prime position in the heart of tightly held Palm Cove, directly opposite the patrolled swimming area.
- 29 of 34 apartments owned – Substantial real estate ownership providing exceptional scale and control.
- 31 apartments in the letting pool – Immediate scale across the resort’s short-term accommodation operation.
- Motel-style ownership profile – Management rights with 29 income-producing apartments plus substantial operational real estate.
- $202,000 peak monthly revenue – Demonstrated capacity to generate substantial gross revenue during peak periods.
- 98% peak occupancy – Strong demonstrated demand, with 98% occupancy achieved in July 2025.
- Significant revenue upside – Current performance below comparable beachfront properties provides scope to improve occupancy, ADR and profitability.
- One-bedroom manager’s residence – Comfortable onsite accommodation included within the substantial real estate holding.
- Substantial operational infrastructure – Reception, office, storage, workshop and additional operational areas included.
- Strong tourism market – Supported by Palm Cove’s beachfront location, Great Barrier Reef, Wet Tropics and proximity to Cairns Airport.
- Exceptional body corporate influence – Majority lot ownership provides substantial influence over body corporate decisions and capital expenditure.
- Ideal for experienced operators – Suited to management rights operators, motel operators and established accommodation groups.
- All inspections by appointment only.
Date updated: 14 Oct 2026 23:00:03