Port Douglas, Queensland

A Port Douglas Original – Genuine, Welcoming and Distinctively Different

$1,615,000

Business Description

A genuine point of difference in the Port Douglas market, and an opportunity to acquire a business with qualities that are increasingly difficult to replicate.

This offering is not simply another accommodation business in Port Douglas. It is an established operation with its own identity, a distinctive management-rights structure and a proven place in one of Queensland's most desirable tourism destinations.

In a destination renowned for its beautiful resorts and holiday accommodation, this property offers something refreshingly different.
An established and much-loved property, it has carved out its own place in the Port Douglas accommodation market, combining the relaxed character of a traditional tropical motor inn with the convenience, comfort and appeal today's travellers appreciate.

But what truly sets this property apart is its underlying business structure. All 22 privately owned units are included in the managers' letting pool, while the property's holiday-accommodation zoning means individual owners cannot reside permanently on site. This provides a cohesive operating environment and an unusually consistent accommodation offering.

The property enjoys an appealing low-rise layout, with ground-floor accommodation, convenient parking, tropical gardens and a welcoming pool area. Its location provides easy access to Four Mile Beach, the village centre, restaurants and the marina, while offering guests a quieter retreat away from the bustle of the main tourist strip.

Easy to maintain, a great swimming pool (heated in winter) all units in the letting pool and an updated residence with private garden in Port Douglas?! What isn’t to love about this amazing opportunity...

A very healthy Body Corporate salary as well as opportunity for growth with occupancy, this is the perfect example of true lifestyle work balance.

The manager's updated 2-bedroom, one bathroom apartment with stylish kitchen and bathroom, and a very private garden area makes this feel like you are in your own private oasis. Also on title is another bedroom and bathroom, providing opportunity for expansion. There are opportunities for motivated buyers with vision to either extend the current residence to a three-bedroom and relocate the office or use the separate bedroom as a commercial space.

Business Summary

Business Snapshot

Price: $1,615,000 Remuneration / Body Corp Salary: $115,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $625,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

2-bedroom with updated stylish kitchen and bathroom, very private garden area makes this feel like you are in your own private oasis. Title also includes another bedroom and bathroom. There are also many opportunities for motivated buyer s with vision to either extend the current residence to a 3bedroom and relocate the office or use the separate bedroom as a commercial space.

Complex Information

Complex Type: n/aTotal Units in Complex: 22Total Units in Letting Pool: 22Agreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Calvin Bailey

Calvin Bailey Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Annual Body Corporate remuneration of $115,000, reviewed annually against CPI, provides a defined income component.
2. Management rights agreements have 20 years remaining on a 25 year term.
3. All 22 privately owned units participate in the letting pool, supporting a cohesive accommodation operation.
4. Holiday accommodation zoning prevents individual owners from residing permanently on site.
5. Established property with a distinctive tropical motor inn identity in the Port Douglas accommodation market.
6. Easy access to Four Mile Beach, the village centre, restaurants and marina, away from the main tourist strip.
7. Easy maintenance grounds feature ground floor accommodation, convenient parking, tropical gardens and a swimming pool heated in winter.
8. Updated manager’s residence includes two bedrooms, a stylish kitchen and bathroom, and a private garden.
9. An additional bedroom and bathroom on title offer potential residence expansion or commercial use of the separate bedroom.
10. The manager’s apartment is valued at $625,000, with an office on title and pets permitted.
11. The listing identifies scope to grow occupancy.
12. Guest amenities include a BBQ area, Pay TV and WiFi.