Cairns City, Queensland

Under Contract / Offer

Property Description

Motel styled Management Rights all wrapped into one very profitable business! | Resort Brokers ID : MR005948

Unique lease-back style management rights are a rare find. This turnkey opportunity provides a perfect point of entry into the Cairns market.

  • Unbeatable location right in the CBD of Cairns

  • Strong corporate clientele

  • Zoned holiday/short term letting

  • All units in the letting pool

  • No requirements for management to live onsite

  • Leaseback style management rights – no trust accounting required

  • Long agreements

  • Large on-title office and reception areas

  • Property inspections are by appointment only

Date updated: 21 Feb 2020 23:00:06

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $226,155 Remuneration / Body Corp Salary: $36,719

Managers Unit

Value of Managers Apartment: $250,000Bedrooms: 2Bathrooms: 1Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 20Total Units in Letting Pool: 19Holiday Units: 19Agreement Term Remaining: 20 years

Marketing Agent

Marketing Agency


Chenoa Daniel


Listing Tools

Property Map

Map Location ( get directions )

Cairns City, Queensland 4870 Exact map location not provided

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