Port Douglas, Queensland
Beautifully Located Port Douglas Management Rights - ID 8991
$789,000
Business Description
North Queensland Management Rights
70 Metres From Four Mile Beach - Port Douglas
- Holiday management rights for sale
- Guaranteed Body Corporate salary of $44,214
- 10 unit boutique style complex with 9 apartments in the letting pool
- Well maintained gardens and amenities
- Generous 2 bedroom manager's triple storey villa
- Large Exclusive Use office
- Supportive committee and owners
- 19 years remaining on agreements
- 50 metres from all shopping, medical services and 45 minute drive to International Airport
- Ideal opportunity for active couple to maintain the letting pool or add on another adjacent property to their management rights portfolio.
The near beachfront location is perfect, the lifestyle relaxed and comfortable.
Net Profit: $120,000
Asking Price: $789,000
(Inclusive of manager's real estate priced at $386,000)
For further information or to arrange an inspection of this North Queensland management rights business for sale contact:
Management Rights Broker
Antonio Curulli
Property Code: 528
Business Summary
Managers Unit
Complex Information
Key Investment Insights
Key Insights:
1. Well-established holiday management rights business for sale in a popular tourist destination of Port Douglas, North Queensland.
2. Guaranteed Body Corporate salary of $44,214 provides a stable income for the manager.
3. Boutique style complex with 9 apartments in the letting pool, ensuring manageable workload for the manager.
4. The complex is well-maintained with attractive gardens and amenities, providing a pleasant environment for guests.
5. The manager's triple storey villa is generously sized with 2 bedrooms and a large exclusive use office.
6. Supportive committee and owners make for a harmonious working relationship.
7. Long remaining agreements of 19 years provide security and stability for the business.
8. Convenient location just 50 metres from all shopping and medical services, and a short 45 minute drive to the International Airport.
9. Opportunity for an active couple to maintain the current letting pool or expand by adding on another adjacent property to their management rights portfolio.
10. Net profit of $120,000 and asking price of $789,000 (inclusive of manager's real estate priced at $386,000) make for a profitable and reasonably priced business opportunity.
11. The near beachfront location and relaxed lifestyle of Port Douglas make this an attractive opportunity for potential buyers.
