Tinaroo, Queensland

$1,400,000

Property Description

Business For Sale - Multi Function Resort and Conference Centre - ID 9012 BL

North Queensland Management Rights For Sale
Idyllic Resort in the Atherton Tablelands

- Available for sale together with the restaurant, bar and function centre leasehold are the holiday management rights and associated real estate
- The 36 resort apartments are a mix of 2 & 3 bedroom fully self contained townhouse apartments with lake views and spacious balconies
- Rated 4.4 stars by AAA
- The resort is the perfect venue for weddings, conferences and special celebrations. Featuring cathedral ceilings, polished timber floors, marble features and a stone fire place
- Large swimming pool complete with waterfall and poolside terrace is a feature within the complex
- A short 1.5 hour drive from Cairns, within easy reach of world heritage rainforests and famous waterfalls
- The rich history of Ravenshoe and Rocky Creek, local food trails, ballooning, bird watching, fishing, bush walking, festivals and markets are all on the door step of this lakeside resort
- An excellent business opportunity with Body Corporate salary of $90,257 inclusive of GST
- The accompanying real estate includes a spacious 3 bedroom, 2 bathroom manager's apartment plus a separate 2 bedroom apartment downstairs, fully equipped commercial grade laundry, reception, office and a convenience shop
- This lakeside setting nestled in the tablelands is the perfect place to relax, recuperate and rejuvenate. So if you are looking for that wonderful tree change and you have an interest in catering and hospitality, here is the perfect opportunity to acquire a wonderful Far North Queensland lifestyle, plus earn extra income at the same time.

Net Profit:
$172,000 (Management Rights) plus $81,000 (Function Centre)
Providing a total of $253,500 (3 year average)
Asking Price: $1,400,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this North Queensland Management Rights opportunity contact:

Management Rights Broker
Antonio Curulli

Property Summary

Business Snapshot

Price: $1,400,000 Net Profit: $253,500 Remuneration / Body Corp Salary: $90,257Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 5Bathrooms: 3Car Spaces: 1Office: On Title
Spacious 3 bedroom residence (upper level) and a 2 bedroom apartment (lower level), Reception and office on title, Convenience shop and commercial laundry also on title

Complex Information

Complex Type: HolidayTotal Units in Complex: 36Total Units in Letting Pool: 22Holiday Units: 20Permanent Units: 2Owner Occupy Units: 7Outside Agent Units: 2Lockup Units: 7Manager Units: 7Agreement Module: AccommodationAgreement Term Remaining: 13 yearsPool: YesFunction Facilities: Yes

Marketing Agent


Marketing Agency

MR Sales

Antonio Curulli
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Tinaroo, Queensland 4872 Exact map location not provided

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