Port Douglas, Queensland

$1,250,000

Property Description

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.

Property Summary

Business Snapshot

Price: $1,250,000 Net Profit: $231,000 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

Alex Barker-Ré

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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