Cairns, Queensland

$1,220,000

Property Description

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:

Listing Broker
Geoff Ellis

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.

Property Summary

Business Snapshot

Price: $1,220,000 Net Profit: $221,465 Remuneration / Body Corp Salary: $39,593

Managers Unit

Value 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 Information

Complex 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

Marketing Agent


Marketing Agency

MR Sales

Geoff Ellis
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Cairns, Queensland 4870 Exact map location not provided

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