Port Douglas, Queensland

Business For Sale - Six Figure Income - Port Douglas - ID 8606 BL

$660,000

Property Description

- North Queensland Management Rights
- This One Won't Last Long!
- Consistent performer during COVID, owners retiring after 15 years of solid trading
- Guaranteed BC Salary of $52,000, annual net profit of $109,000
- Only 7 in the letting pool, great scope to improve
- Great forward bookings for 2021
- Comfortable 2 bedroom (with additional room that may be used as 3rd bedroom) manager's residence with great alfresco
- Exclusive use office, off the residence with no set hours
- Supportive committee and owners
- 17 years remaining on agreements, potential for top up
- Resort style pool and BBQ area
- Great for an active couple
- Minutes to shopping, medical services and 50 minutes to international airport

Net Profit: $109,000
Asking Price: $660,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this North Queensland management rights opportunity contact:

Management Rights Broker
Antonio Curulli

Property Summary

Business Snapshot

Price: $660,000 Net Profit: $109,000 Remuneration / Body Corp Salary: $52,589Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $320,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: Exclusive Use
2 bedrooms, 2 bathrooms, Single car accommodation, Alfresco area, Air conditioning and ceiling fans throughout, Quality finishes and modern kitchen appliances

Complex Information

Complex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 7Holiday Units: 7Owner Occupy Units: 4Outside Agent Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 17 yearsPool: YesTennis Court: YesBBQ Area: YesWIFI: Yes
Marketing Agent
Antonio Curulli
Antonio Curulli

MR Sales
MR Sales

MR Sales

Listing location
Gallery

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