Port Douglas, Queensland
PORT DOUGLAS BOUTIQUE MANAGEMENT RIGHTS BUSINESS FOR SALE, LOW MULTIPLIER!
SOLD
Business Description
We are pleased to present the Management Rights and owner’s apartment, of The Lychee Tree complex located in Port Douglas in far North Queensland.
This is a boutique holiday letting complex consisting of 24 apartments.
There are 1 and 2 bedroom options and 17 are in the letting pool.
The business has had consistent year on year growth and the rental pool continues to grow.
This is a great opportunity to enter the Holiday Accommodation market in a highly desirable location.
The Lychee Tree offers both a great business and also an excellent lifestyle.
The business would easily suit newcomers to the Industry and would even suit a single person operator.
Located close to the hub of Port Douglas, the property is in high demand and attracts strong repeat visitation from past guests.
Business Summary
Key Investment Insights
1. Boutique holiday letting complex with 24 apartments in highly desirable location of Port Douglas, far North Queensland.
2. Consistent year on year growth in business with increasing rental pool.
3. 1 and 2 bedroom options available with 17 units in the letting pool.
4. Great opportunity for newcomers to the holiday accommodation market.
5. Potential for single person operation.
6. Located close to the hub of Port Douglas, in high demand and attracts strong repeat visitation from past guests.
7. Management Rights and owner's apartment included in sale.
8. Low multiplier for business sale.
9. Business offers a great lifestyle in addition to a profitable business opportunity.
10. Potential for further growth and development of the business.
11. Easy to run and manage.
12. Suitable for both experienced and inexperienced operators.
13. Opportunity to enter the holiday accommodation market in a highly desirable location.
14. Strong potential for high returns on investment.
15. Great opportunity for owner-occupiers looking for a lifestyle change.
