Cairns City, Queensland

$275,000

Property Description

PRICE REDUCED!! BEST STARTER OR ADD-ON MANAGEMENT RIGHTS

YOU'VE JUST CLICKED ON THE BEST STARTER OR ADD-ON MANAGEMENT RIGHTS IN AUSTRALIA!
Incredible multiplier and return on your business investment - and a neat as a pin 2 bedroom managers apartment.
So easy to manage with minimal duties, this is a great lifestyle choice.
17 apartments including the manager, with 7 in the letting pool
Short walk to The Esplanade and shores of the Great Barrier Reef.
Just a 2 minute drive to heart of all Cairns City has to offer.
Ideal business for first time operator or an add-on management rights business.
Long agreements and office on title.
This business has big potential to increase income both with tourism and Cairns Hospital.
Ideal for the manager seeking a sound business with good income.

Property Summary

Business Snapshot

Price: $275,000 Net Profit: $75,000 Remuneration / Body Corp Salary: $40,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $160,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes
Neat as a pin two bedroom manager's apartment.

Complex Information

Complex Type: HolidayStar Rating: 4Total Units in Complex: 17Total Units in Letting Pool: 7Holiday Units: 7Outside Agent Units: 9Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent


Marketing Agency

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Alex Barker-Ré
Calvin Bailey Management Rights

Phone

Listing Tools

Property Map

Map Location ( get directions )

Cairns City, Queensland 4870 Exact map location not provided

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Calvin Bailey Management Rights