Port Douglas, Queensland

Low Multiplier Opportunity – Profitable Holiday Management Rights, Port Douglas – ID 9153

$1,660,000

Business Description

Effortless Holiday Management Rights for Sale
Impeccably Maintained Compact Property, Offering Exceptional Returns

Seize the opportunity to own the management rights to a highly desirable holiday accommodation complex in the beautiful seaside town of Port Douglas. This boutique complex features 19 spacious, fully self-contained apartments, along with a comfortable two-bedroom manager's unit. Each apartment boasts a private balcony or patio with stunning views of tropical gardens or the sparkling swimming pool.

- Accommodation: The apartments are equipped with modern amenities, including an equipped kitchen, laundry facilities, air conditioning, and complimentary Wi-Fi, providing guests with all the comforts of home.

- Attractive Amenities: Guests can enjoy a range of facilities, such as a refreshing swimming pool, relaxing spa, barbecue area, and free parking.

- Management Rights: 24 years remaining on the agreement, offering long-term stability and income.

- Manager's Salary: $45,765 plus GST annually.

- Property Overview: 20 units in total, including a manager’s unit, with 19 apartments in the letting pool.

Located just 100 meters from the iconic Four Mile Beach and within easy walking distance to the vibrant town centre, guests have access to a variety of restaurants, cafes, and shops. The property is perfectly positioned for exploring the world-famous Great Barrier Reef, the ancient Daintree Rainforest, and other natural attractions in Far North Queensland.

This management rights opportunity is ideal for those looking to enjoy a profitable business venture while living in one of Australia's most sought-after tropical destinations. These apartments offer comfortable, convenient, and well-appointed accommodation, making them a top choice for travellers visiting Port Douglas.

Don’t miss out on this chance to combine a thriving business with an enviable lifestyle in paradise.

Net Profit: $272,000
Asking Price: $1,660,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this North Queensland Management Rights business opportunity contact:

Management Rights Broker
Antonio Curulli

Property Code: 863

Business Summary

Business Snapshot

Price: $1,660,000 Net Profit: $272,495 Remuneration / Body Corp Salary: $45,765Business Value: $580,000

Managers Unit

Value of Managers Apartment: $580,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: No

Two bedroom apartment with one bathroom, one carspace, and attached office.

Complex Information

Complex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 19Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Antonio Curulli

MR Sales

Key Investment Insights

1. Low multiplier sale, asking price $1,660,000 against net profit $272,495, implying an approximate earnings multiple of 6.1.
2. Long security of income, management agreement term 25 years with 24 years remaining.
3. Strong reported profitability, net profit $272,495 annually.
4. Manager remuneration transparent, $45,765 plus GST per annum, with manager’s real estate included in the sale.
5. Manager’s unit included and materially valuable, two bedroom apartment valued at $580,000, with one bathroom, one car space and office on title.
6. Compact, easily operated portfolio, 20 total units with 19 apartments in the letting pool, supporting efficient operations.
7. Turnkey holiday product, apartments fully self contained with equipped kitchen, laundry facilities, air conditioning and complimentary Wi Fi.
8. Appealing guest amenities that support yield and occupancy, including swimming pool, spa, barbecue area, pay TV and free parking.
9. Exceptional location, approximately 100 metres from Four Mile Beach and within easy walking distance to Port Douglas town centre.
10. Strong tourism exposure, conveniently positioned for access to the Great Barrier Reef, Daintree Rainforest and other Far North Queensland attractions.

Management Rights Multiplier: 3.96
ROI Estimate: 16.42%