Port Douglas, Queensland

One of the Finest in Port Douglas

SOLD

Business Description

Delightful and beautifully presented property in main street location, and only 60m from beach.
Minutes stroll to restaurants, cafes and shops.
Tasteful, modern 1 bedroom apartments of French design, recent upgrades.
Popular Four Star property with a location advantage and providing top guest facilities.
Established business with niche market which does not allow for accommodating children under 16.
The holiday market in Port Douglas is booming, has enjoyed two record seasons, and is set to stay.
No owners permitted to reside onsite.
This boutique property is contained within extensive landscaped gardens and beautiful pool area.
Great lifestyle and business.
Current managers are ready to retire and it is important to them that the property goes to the right people who will continue the same good relationship with the owners.
One of the best properties I have had the pleasure to market.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $256,828 Remuneration / Body Corp Salary: $39,649Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $425,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On Title
Spacious and fully furnished - a delightful living area with 40 sq metre covered and private patio.

Complex Information

Complex Type: HolidayTotal Units in Complex: 20Total Units in Letting Pool: 19Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 Years yearsPool: YesSpa: Yes
Marketing Agent
Calvin Bailey Management Rights

Calvin Bailey Management Rights

Key Investment Insights

1. Located in a prime position in the main street of Port Douglas, only 60m from the beach.
2. Beautifully presented and well-maintained property with recent upgrades.
3. Offers tasteful and modern 1 bedroom apartments designed in a French style.
4. Popular four-star property with top guest facilities, catering to a niche market of adults only.
5. Booming holiday market in Port Douglas with two record seasons and continued growth expected.
6. No owners permitted to reside on-site, providing a peaceful and private atmosphere for guests.
7. Surrounded by extensive landscaped gardens and a beautiful pool area, creating a tranquil and relaxing environment.
8. Great lifestyle and business opportunity for potential buyers.
9. Current managers are ready to retire and looking for buyers who will maintain a good relationship with the owners.
10. Includes a spacious and fully furnished 2 bedroom manager's apartment with a private patio.
11. Complex information includes 20 units in total, with 19 in the letting pool and 1 manager unit.
12. Agreement module is accommodation with a remaining term of 24 years.
13. Features a pool and spa for guests to enjoy.

Management Rights Multiplier: 4.32
ROI Estimate: 23.14%

Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

PALM COVE SHORT STAY RESORT
RCA Management Rights
PALM COVE SHORT STAY RESORT

PALM COVE

BUS. $750,000 + UNIT $650,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Management Rights opportunity in a Gated Community in Runaway Bay | Resort Brokers ID : MR008137
ResortBrokers
Management Rights opportunity in a Gated...

RUNAWAY BAY

$1,650,000

Net Income: $145,000
Managers Estate: $1,010,000 3 Bed 2 Bath
Letting Pool: 89
Remuneration: $129,500

Easy Permanent with Big Body Corporate Salary $145K and 3% Annual Increase
Next Business & Property Sales
Easy Permanent with Big Body Corporate...

OXLEY

$1,668,888

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Top Location Urgent Sale Cairns
Calvin Bailey Management Rights
Top Location Urgent Sale Cairns

CAIRNS CITY

$1,400,000

Net Income: $300,000
Managers Estate: $425,000 2 Bed 1 Bath
Letting Pool: 23
Remuneration: $84,629

Perfect Permanent at the Beach
Calvin Bailey Management Rights
Perfect Permanent at the Beach

YORKEYS KNOB

$1,450,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Melaleuca Resort Palm Cove, QLD - 1P0372
McDonald Hospitality Brokers (MHB)
Melaleuca Resort Palm Cove, QLD - 1P0372

85 - 93 Williams Esplanade PALM COVE

Management Rights - $1,400,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Freehold Sunshine Coast Motel with DA Approval with 14% ROI - 1P5973M
Darra Motel & Conference Centre Leasehold.
Profitable Motel Opportunity - Vendor Finance
Mid North Coast Motel Lease Opportunity
FREEHOLD PASSIVE INVESTMENT OF A RENOVATED QUEENSLAND CARAVAN PARK.
Iconic Australian Hotel Gympie - Historic & Hospitable
INVESTMENT OPPORTUNITY OF A LIFETIME - 2824MF
UNIQUE SUNSHINE COAST MOTEL WITH DA APPROVAL - 2826MF
PALM COVE SHORT STAY RESORT
Coastal Freehold Motel
Handsfree Investment Opportunity In Wellington Central
Currumbin Waters Permanent
LUCRATIVE ROBINA BUSINESS + LARGE 3 BEDROOM TOWNHOUSE | Resort Brokers ID : MR008142
Rural living at its best with uncapped potential! | Resort Brokers ID : FH008127
INDUSTRIAL/RESIDENTIAL CARETAKING PORTFOLIO IN BRISBANE
Easy Caretaking in Carindale - Perfect for Semi-retired or First Time Manager
RARE MOTEL INVESTMENT - 217MI
IDEAL PASSIVE INVESTMENT FOR THOSE SEEKING FINANCIAL SECURITY - 1941MI