Cairns, Queensland

$895,000

Property Description

The Perfect Entry Resort! | Resort Brokers ID : MR005811

The offering of the Management Rights to Koala Court represents an outstanding opportunity to secure a home-based holiday business at a priced to sell multiplier. The resort is zoned holiday/short term let only with all 19 self-contained apartments in the letting pool. The business is particularly strong with return corporate clientele due to the close proximity to the Cairns Health sector.



  • 100% of the letting pool

  • Holiday/Short Term Zoning

  • Upshot to grow occupancy

  • Long Agreements

  • Cairns CBD Fringe Location

  • Strong Repeat Corporate Clientele

  • 30% Business ROI

  • Property inspections are by appointment only

Date updated: 05 Dec 2019 23:00:07

Property Summary

Business Snapshot

Price: $895,000 Net Profit: $163,555 Remuneration / Body Corp Salary: $48,462

Managers Unit

Value of Managers Apartment: $360,000Bedrooms: 3Bathrooms: 1

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 19Total Units in Letting Pool: 19Holiday Units: 19Agreement Term Remaining: 21 years

Marketing Agent


Marketing Agency

ResortBrokers

Chenoa Daniel
ResortBrokers

Phone

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Property Map

Map Location ( get directions )

Cairns, Queensland 4870 Exact map location not provided

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