Port Douglas, Queensland

PORT DOUGLAS HIDDEN GEM IN THE MANAGEMENT RIGHTS SECTOR | Resort Brokers ID : MR007651

$1,473,000

Business Description

Perfectly located in Port Douglas, just a short walk to the shops and restaurants on Macrossan Street and Four Mile beach, Port Douglas Outrigger provides an excellent opportunity for a couple or even a newcomer to the Management Rights sector.

Boasting a healthy Net profit of $270k and coming with a very comfortable 2-bedroom manager's residence and office on title, the Outrigger presents as a golden opportunity in the, once again, thriving Port Douglas.

- Very healthy Net profit of $270k
- Long agreements in place - 21 years
- Located within the Port Douglas CBD fringe - 400 metres to restaurants, shopping and beach
- Easily managed and operated by a sole operator / couple
- Great relationship between managers and supportive committee
- Private courtyard accompanying manager's residence
- Inspections by appointment only
Date updated: 07 Apr 2024 23:00:12

Business Summary

Business Snapshot

Price: $1,473,000 Net Profit: $270,000 Remuneration / Body Corp Salary: $43,276

Managers Unit

Value of Managers Apartment: $420,000Bedrooms: 2Bathrooms: 1Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 18Total Units in Letting Pool: 16Owner Occupy Units: 1Agreement Term Remaining: 21 years
Marketing Agent
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