Cairns City, Queensland

$995,000

Property Description

Family commitments dictate immediate sale on this high earning business | Resort Brokers ID : MR005808

Proudly owned and operated by a working couple with children, this profitable home-based management rights business has an enormous upside for a hands-on operator. Boasting a city fringe location, the business is complimented by the sale of a spacious three bedroom apartment. Massive upside to this business with 24 units with outside agents.



  • MASSIVE upshot for further growth and adding to the letting pool

  • 3 bedroom, 2 bathroom managers unit

  • CBD fringe location

  • High Body Corporate Salary

  • Large office with no set hours

  • Huge 31% ROI on business value

  • Very supportive BC with lots of approved works underway

  • Property inspections are by appointment only

Date updated: 06 Dec 2019 23:00:06

Property Summary

Business Snapshot

Price: $995,000 Net Profit: $204,382 Remuneration / Body Corp Salary: $101,502

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 41Total Units in Letting Pool: 12Holiday Units: 12Agreement Term Remaining: 19 years

Marketing Agent


Marketing Agency

ResortBrokers

Chenoa Daniel
ResortBrokers

Phone

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Property Map

Map Location ( get directions )

Cairns City, Queensland 4870 Exact map location not provided

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