Port Douglas, Queensland

THE BEST VALUE MANAGEMENT RIGHTS ON THE MARKET IN PORT DOUGLAS | Resort Brokers ID : MR007338

$790,000

Property Description

This outstanding management rights opportunity offers a very healthy Body Corporate salary of over $61,037 and a generous net profit, given the asking price of the business, showing a multiplier of 3.3x and with scope to grow the business significantly. There is also no requirement to reside onsite and no set office hours in place, offering an incredible work/life balance for the incoming operator.

So be quick to inspect this property which is priced extremely well in today's market.



  • 23 years left on agreements

  • Net profit of $142,135 showing a multiple of 3.3x

  • Healthy Body Corporate salary of $61,037

  • 350 metres to the famous Four Mile Beach

  • No requirement to live onsite

  • No set office hours

  • Very comfortable two-bedroom manager’s accommodation with private courtyard

  • Restaurants, shops, golf courses and a country club/gymnasium are within five minutes walk

  • Resort pool and spa surrounded by tropical gardens

  • Property inspections are by appointment only

Date updated: 14 Aug 2022 23:00:11

Property Summary

Business Snapshot

Price: $790,000 Net Profit: $142,135 Remuneration / Body Corp Salary: $61,037

Managers Unit

Value of Managers Apartment: $320,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 18Total Units in Letting Pool: 9Holiday Units: 9Owner Occupy Units: 4Outside Agent Units: 4Agreement Term Remaining: 23 years
Marketing Agent
Shane Croghan
Shane Croghan

Listing location
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