Seeing is Believing in Port Douglas
Excellent family resort well located in Port Douglas. Provides affordable niche market accommodation for the many family groups visiting Port. Top resort facilities, close to the shops – across the road, and a short hop to the beach. This business lends itself ideally to the larger family who are considering entering the industry. With the large 4 bedroom manager’s apartment and excellent $61,000 salary providing a good secure basis and room to further grow the business as required. Available for a very realistic 3.6 x multiplier.
Contact Alex for full property details.
Net Profit: $231,000 Remuneration / Body Corp Salary: $61,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $420,000Bedrooms: 4Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes
4 bedrooms 2+ bathrooms 2 storey stand alone villa with patio. Large office and reception on title.
Complex InformationComplex Type: HolidayTotal Units in Complex: 49Total Units in Letting Pool: 27Holiday Units: 24Permanent Units: 3Owner Occupy Units: 20Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 years yearsPool: YesTennis Court: YesBBQ Area: YesPay TV: YesWIFI: Yes