Cairns, Queensland

$1,890,000

Property Description

Business For Sale - CBD High Rise Letting in Cairns - ID 8877 BL

- Management Rights For Sale
- Cairns - North Queensland
- Cairns CBD location
- 4 star quality accommodation
- Both corporate and holiday clientele
- 45 apartments with 15 in the letting pool
- Terrific harbour views from every apartment
- Close to Convention Centre and Casino
- Facilities include pool, gym and BBQ areas
- Secure underground parking available
- Accommodation module agreements expiring 2038
- Two bedroom, two bathroom manager's apartment
- There are few high rise holiday letting rights businesses in Cairns. This one is ideally located and has excellent trading results.

Net Profit: $346,255
Asking Price: $1,890,000
(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

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0

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

Similar Properties

JACK & NEWELL HOLIDAY APARTMENTS
Exclusive

27-29 Wharf Street CAIRNS CITY
JACK & NEWELL HOLIDAY APARTMENTS

$1,950,000
Net Income: $346,255
Managers Estate: $450,000 2 Bed 2 Bath
Letting Pool: 45
Remuneration: $84,511

CBRE Hotels

CAIRNS CITY
Excellent Boutique Apartment Hotel in the...

$1,869,000
Net Income: $360,985
Managers Estate: $335,000 3 Bed 2 Bath
Letting Pool: 39
Remuneration: $84,620

Calvin Bailey Management Rights