Port Douglas, Queensland

Lucrative Investment Opportunity with Low Multiplier - ID 8506

$1,473,000

Business Description

North Queensland Management Rights For Sale

Easy to manage, well maintained, compact property

- Holiday accommodation complex is located in the seaside town of Port Douglas, Queensland, Australia.

- Features spacious apartments with one and two bedrooms, each with a private balcony or patio overlooking the tropical gardens or swimming pool.

- Apartments are fully self-contained, featuring a fully equipped kitchen, laundry facilities, air conditioning, and free Wi-Fi.

- On-site amenities include a swimming pool, barbecue area, and free parking.

Rights Period - 21 Years

Salary - $45,078

Units in Property - 18 (including Managers Unit), and 16 in the Letting Pool.

The location of these Management Rights is ideal for exploring the Great Barrier Reef, Daintree Rainforest, and other natural attractions of Far North Queensland. The apartments are within walking distance of Four Mile Beach and the town centre, where you can find a variety of restaurants, cafes, and shops.

Overall, these apartments are a great choice for travelers looking for comfortable and convenient accommodation in Port Douglas.

Net Profit: $268,684

Asking Price: $1,473,000

(Inclusive of manager's real estate)

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: 505

Business Summary

Business Snapshot

Price: $1,473,000 Net Profit: $268,684 Remuneration / Body Corp Salary: $45,078

Managers Unit

Value of Managers Apartment: $420,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Ground level, two-bedroom, one bathrom, fans, air-con, attached office, patio, private courtyard, patio, storage room, covered carspace

Complex Information

Complex Type: HolidayTotal Units in Complex: 18Total Units in Letting Pool: 16Lockup Units: 1Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesGames Room: YesBBQ Area: YesPay TV: YesWIFI: Yes
Marketing Agent
Antonio Curulli
Antonio Curulli

Key Investment Insights

- Well-maintained and easy to manage holiday accommodation complex located in the popular seaside town of Port Douglas, Queensland.
- Features spacious and fully self-contained apartments with one and two bedrooms, each with a private balcony or patio.
- On-site amenities include a swimming pool, barbecue area, and free parking.
- Ideal location for exploring the Great Barrier Reef, Daintree Rainforest, and other natural attractions of Far North Queensland.
- Within walking distance of Four Mile Beach and the town centre, offering a variety of restaurants, cafes, and shops.
- Net profit of $268,684 and a low multiplier of $1,473,000 (inclusive of manager's real estate).
- 21-year rights period with 21 years remaining.
- Manager's unit valued at $420,000 and features two bedrooms, two bathrooms, an attached office, and a private courtyard.
- Complex type is holiday accommodation with 18 units in total and 16 units in the letting pool.
- Amenities include a pool, games room, BBQ area, pay TV, and free Wi-Fi.
- Agreement module is accommodation with a term of 25 years.

Management Rights Multiplier: 3.92
ROI Estimate: 25.52%

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