Port Douglas, Queensland
Perfect Starter in Tropical Paradise
$1,300,000
Business Description
Here is your opportunity to live that home and tropical business dream.
The Port Douglas Outrigger Apartments delivers in terms of profitability, with an excellent ROI - plus standard of living for the manager and ease of management, with all apartments in the holiday letting pool. Manager is not required to live on site.
Port Douglas, as the jewel of the north, is enjoying a good increase in visitor numbers and top occupancies as the holiday market continues to grow.
This is an established business with niche market. A popular property with a large number of return guests.
The Body Corporate on-going maintenance programme gives peace of mind to the manager in terms of the quality of the presentation.
Manager has a good flexibility of room types with all apartments being in the manager’s holiday rental pool.
This well-presented resort complex is within close distance of all Port Douglas amenities. Guests can walk to the beach, shops, restaurants and the marina.
It is is a charming complex contained within landscaped gardens and an attractive pool area.
Guests’ facilities include a large heated pool, barbecue area, undercover parking, tour office, chromecast in all apartments, WiFi, and tropical gardens.
Manager has a refurbished, two-bedroom, two- bathroom apartment, with laundry and walk-in storage. Manager’s office is also on title.
This is a happy, easily managed property and would be ideal for new entrants to the industry.
The vendors are motivated, and the property is well-priced to meet the market.
Highly ranked on the review websites, this speaks volumes regarding guest satisfaction.
Call Calvin today for further information or to arrange an inspection.
Business Summary
Key Investment Insights
1. Profitability and excellent ROI make this business a great investment opportunity.
2. The manager is not required to live on site, providing flexibility and a better standard of living.
3. Port Douglas is a popular holiday destination with increasing visitor numbers and high occupancy rates.
4. The business has an established niche market and a large number of return guests.
5. The Body Corporate's maintenance program ensures the quality of the property's presentation.
6. The manager has a good range of room types with all apartments in the holiday rental pool.
7. The resort complex is well-presented and conveniently located near all Port Douglas amenities.
8. Guests have access to a range of facilities including a large heated pool, barbecue area, and tour office.
9. The manager's apartment is refurbished and includes a laundry and walk-in storage.
10. The vendors are motivated and the property is well-priced.
11. The property has high rankings on review websites, indicating guest satisfaction.
12. The business would be ideal for new entrants to the industry.
13. The property is highly ranked on review websites, indicating guest satisfaction.
14. The manager's office is included on title.
15. The property is easily managed and has a happy atmosphere.
