Trinity Beach, Queensland
Exquisite Resort Opposite Beach
Management Rights $2,950,000
Business Description
CRE Brokers is proud to bring to the market the Management Rights to Sea Change, at Trinity Beach – Cairns. This high-end and beautifully presented resort is located across the road from the beach and a short walking distance from local restaurants. The air-conditioned manager's apartment offers two bedrooms and lots of privacy. Don't miss this opportunity to live and work in a fantastic location with a generous income.
TOTAL NUMBER OF UNITS 24
UNITS IN LETTING POOL 20
MANAGER'S RESIDENCE 2 bedroom
NET PROFIT $488,000
REAL ESTATE PRICE $900,000
BUSINESS PRICE $2,050,000
TOTAL ASKING PRICE $2,950,000
Business Summary
Complex Information
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Cairns & NorthKey Investment Insights
1. Located opposite the beach at Trinity Beach, Cairns, short walking distance to local restaurants, strong appeal for holiday guests.
2. High-end, beautifully presented resort, positioned as an upmarket offering for short-stay market.
3. Total of 24 units, providing a manageable portfolio size for owner-operators.
4. 20 of 24 units are in the letting pool, representing approximately 83 percent of stock available for revenue generation.
5. On-site air-conditioned manager’s residence, two bedrooms, offering privacy and the ability to live on-site and operate the business.
6. Reported net profit of $488,000, indicating material recurring cashflow.
7. Business price $2,050,000, real estate price $900,000, with total asking price $2,950,000, allowing buyer to separate business and real estate values if desired.
8. Net profit to total asking price generates an approximate net return of 16.5 percent, suggesting a strong cash-on-cash yield.
9. Management rights listing, specific to QLD Cairns & North, suitable for buyers experienced in strata management and holiday letting.
10. Opportunity described as “live and work in a fantastic location,” reinforcing lifestyle plus income appeal for owner-operators.
