Port Douglas, Queensland

$2,075,000

Property Description

Business For Sale - Terrific Holiday Opportunity - ID 8856 H

- Port Douglas - Far North Queensland
- Management rights for sale
- 28 apartments with 26 in the letting pool
- Excellent apartment configuration, fully self contained
- True resort style guest facilities
- 5 minute walk to Macrossan Street shops, bars and restaurants
- Strong clientele and repeat guests
- Accommodation module agreements expire 2042
- Excellent Body Corporate salary
- Three bedroom, two bathroom manager's residence
- A pet is permitted with Body Corporate approval
- Option available to live offsite
- Tourism in Port Douglas in on a roll. There are few management rights businesses such as this that tick all the boxes. Motivated and genuine vendors selling after 11 years.

Net Profit: $381,000
Asking Price: $2,075,000
(Inclusive of manager's real estate)

For further information or to arrange and inspection of this North Queensland management rights business for sale contact:

Exclusive Broker
Geoff Ellis

Property Summary

Business Snapshot

Price: $2,075,000 Net Profit: $381,000 Remuneration / Body Corp Salary: $75,000

Managers Unit

Value of Managers Apartment: $360,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
Spacious and private, Direct access to the office, Option to live offsite

Complex Information

Complex Type: HolidayTotal Units in Complex: 28Total Units in Letting Pool: 26Holiday Units: 26Owner Occupy Units: 1Lockup Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesPay TV: Yes

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Geoff Ellis
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Map Location ( get directions )

Port Douglas, Queensland 4877 Exact map location not provided

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