Port Douglas, Queensland

$1,360,000

Property Description

Seeing is Believing in Port Douglas

Excellent family resort well located in a quiet area of 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.

Property Summary

Business Snapshot

Price: $1,360,000 Net Profit: $260,000 Remuneration / Body Corp Salary: $61,000Body corp salary review: CPI Annually

Managers Unit

Value 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 Information

Complex 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

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 )

Port Douglas, Queensland 4877 Exact map location not provided

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