Port Douglas, Queensland

Rare Opportunity - Exclusive Resort

$3,415,000

Business Description

A rare opportunity exists to purchase the management rights of this beautiful four-star property in an excellent Port Douglas location.
Providing top resort facilities and a very good mix of accommodation types, this property absolutely ticks all the boxes with a great body corporate salary, 23 years to run on the agreements, no set office hours and manager can reside offsite.

Port Douglas is arguably the most fashionable destination in Tropical North Queensland.

This property is new to the market and with both the location and business potential for astute management, will be in high demand.

Confidentiality conditions apply.

Call Calvin today for full property details.

Business Summary

Business Snapshot

Price: $3,415,000 Net Profit: $621,700

Managers Unit

Value of Managers Apartment: $300,000

Complex Information

Complex Type: HolidayPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent

Calvin Bailey

Calvin Bailey Management Rights

Key Investment Insights

1. Management rights for a beautiful four-star property in a prime Port Douglas location are for sale.
2. The property offers top resort facilities and a variety of accommodation options.
3. The business has a strong body corporate salary and 23 years remaining on the agreements.
4. The manager is not required to work set office hours and can reside offsite.
5. Port Douglas is a highly sought-after destination in Tropical North Queensland.
6. The property is new to the market and has great potential for growth under astute management.
7. Confidentiality conditions apply to the sale.
8. The asking price for the management rights is $3,415,000.
9. The business has a net profit of $621,700.
10. The manager's apartment is valued at $300,000.
11. The complex is a holiday type and offers amenities such as a pool, spa, BBQ area, pay TV, and WIFI.

Management Rights Multiplier: 5.01
ROI Estimate: 19.96%