STUNNING HOLIDAY COMPLEX IN PORT DOUGLAS, HIGH NET AND VERY LOW MULTIPLIER
We are pleased to offer for sale, the Management Rights and associated Manager’s Real Estate of this outstanding holiday complex located in Port Douglas.
Located in Port Douglas and only a short walk to Macrossan Street and all Bars and Restaurants.
The property consists of 18 well designed and beautifully appointed apartments with 16 in the rental pool.
The manager's apartment is valued at $360,000 which includes the office being on title.
There are long agreements in place and a pet is allowed for the manager.
Large 2 bedroom Owner's apartment complete this offering.
Offered at a low multiplier of only 3.8 times!
Inspect now, this is a rare offering.
Complex InformationTotal Units in Complex: 0