Port Douglas, Queensland

Under Contract / Offer

Property Description

Large 4.5 star Resort in Stunning Port Douglas | Resort Brokers ID : MR005878

Offered exclusively is the opportunity to acquire the management rights and associated real estate of Lagoons at Port Douglas, one of the most impressive large resort properties in the region.



  • 175 keys with 169 keys in letting pool

  • $142,000 body corporate salary

  • Low real estate value of $375,000 (manager's residence)

  • This would suit a corporate hotel, group or experienced operator/consortium

  • Currently branded under Oaks Hotels and Resorts however to be sold unbranded

  • 17 years remaining on agreements

  • Property inspections are by appointment only

Date updated: 05 Dec 2019 23:00:07

Property Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $544,907 Remuneration / Body Corp Salary: $142,712

Managers Unit

Value of Managers Apartment: $375,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 175Total Units in Letting Pool: 169Holiday Units: 169Agreement Term Remaining: 17 years

Marketing Agent


Marketing Agency

ResortBrokers

Glenn Millar
ResortBrokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Port Douglas, Queensland 4877 Exact map location not provided

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