Port Douglas, Queensland
Prime Opportunity with Low Multiplier in the Sought-After Four Mile Beach Area – 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.
Key Features:
- 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 accommodations, 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 – 2022/2023 Accountant Supplied
Asking Price: Business - $1,080,000 & Real Estate - $580,000
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: $45,765
Managers Unit
Value of Managers Apartment: $580,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: NoTwo 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
Key Investment Insights
1. Highly desirable holiday accommodation complex in Port Douglas, a sought-after seaside town in North Queensland.
2. Boutique complex with 19 spacious, fully self-contained apartments and a comfortable two-bedroom manager's unit.
3. Each apartment boasts a private balcony or patio with stunning views of tropical gardens or the swimming pool.
4. Modern amenities in each apartment, including an equipped kitchen, laundry facilities, air conditioning, and complimentary Wi-Fi.
5. Attractive amenities for guests, such as a swimming pool, spa, barbecue area, and free parking.
6. Long-term stability and income with 24 years remaining on the management rights agreement.
7. Manager's salary of $45,765 plus GST annually.
8. Perfectly located just 100 meters from Four Mile Beach and within walking distance to the town centre, offering guests easy access to restaurants, cafes, and shops.
9. Ideal for exploring popular attractions in North Queensland, such as the Great Barrier Reef and Daintree Rainforest.
10. A profitable business opportunity for those looking to combine a thriving business with an enviable lifestyle in paradise.
Management Rights Multiplier: 3.96
ROI Estimate: 25.23%
