Business For Sale - Cairns Holiday & Corporate Letting - ID 8334 BL
- North Queensland Management Rights Business For Sale
- Close to the CBD - Cairns
- Quality management rights accommodation
- 23 lots with 19 in the letting pool
- All apartments are fully self contained
- Quiet location but close to the CBD and walk to the Esplanade
- Minimal maintenance tropical grounds and gardens
- Repeat clientele and consistent occupancy
- 22 years remaining on Accommodation Module agreements
- Direct access to the office from the stylish, two bedroom, two bathroom manager's residence
- This is a business that offers very good returns, has great location and quality accommodation. It is uncomplicated and therefore will be of interest to either experienced management rights operators or those new to the industry
Net Profit: $221,465
Asking Price: $1,220,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this North Queensland management rights business for sale contact:
Cairns has a terrific and stable climate year round and being in the tropics, it is easy to enjoy living. There is every community amenity within minutes, including schools, hospitals and university.
Cairns offers several safe and sandy beaches and wonderful swimming year round with an alternative rural and rain forest environment within an hours drive of the CBD.
Of course the major attraction for the area is the close proximity to the Great Barrier Reef, at attraction for tens of thousands of visitors every year.
Net Profit: $221,465 Remuneration / Body Corp Salary: $39,593
Managers UnitValue of Managers Apartment: $295,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: No
Compact and stylish, Direct access to the office, Air conditioning, Patio
Complex InformationComplex Type: HolidayTotal Units in Complex: 24Total Units in Letting Pool: 19Holiday Units: 19Owner Occupy Units: 2Outside Agent Units: 3Agreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesSpa: Yes