Port Douglas, Queensland

Location Location Location

SOLD

Business Description

Situated seconds from stunning Four Mile Beach in exclusive Port Douglas, this superb easily run complex is in the sought after “Golden Triangle” of the seaside village of Port Douglas.

With no owner occupiers, no requirement to live on site and no set office hours, you can set up this business to suit your lifestyle.

Good body corporate salary and long agreements, this will tick so many boxes.

Trip Advisor Awards 2018 and 2019.

This really is the chance of a lifetime to realise your dream of a tropical life.

Call or email Alex today.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $239,028 Remuneration / Body Corp Salary: $46,221Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $320,000Bedrooms: 2Bathrooms: 1Office: On TitlePets OK: No
Spacious ground floor 85m2 two bedroom manager's apartment with patio. Adjoins office and has separate entrance.

Complex Information

Complex Type: HolidayTotal Units in Complex: 18Total Units in Letting Pool: 15Holiday Units: 15Lockup Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesBBQ Area: YesWIFI: Yes
Marketing Agent
Alex Barker-Ré
Alex Barker-Ré

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Key Investment Insights

1. Prime location, situated seconds from Four Mile Beach in exclusive Port Douglas.
2. No requirement for owner occupiers or to live on site, allowing for flexibility and lifestyle choices.
3. Good body corporate salary and long agreements.
4. Recent Trip Advisor Awards in 2018 and 2019.
5. Opportunity to live and work in a tropical paradise.
6. Spacious 2 bedroom manager's apartment with separate entrance.
7. Complex is primarily holiday units with some lockup units.
8. Agreement module is Accommodation with a remaining term of 22 years.
9. On-site amenities include a pool, BBQ area, and WIFI.
10. Potential for growth and expansion in the holiday rental market.

Management Rights Multiplier: 4.10
ROI Estimate: 24.39%

Listing location
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This Business is sold

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