Holiday Management Rights for Sale
Large Residence for a Great Sea Change
- Prime Location: Situated on the southern side of Cairns, one of Australia's top tourist destinations.
- Consistent Growth: Over a decade of steady performance and high occupancy rates.
- Total Units: 29 (excluding the Manager's residence).
- Letting Pool: 18 units available for letting.
- Manager's Residence: Spacious 2-bedroom unit with office on title.
- Additional Residence: Totalling 4 bedrooms, 1 sitting room, 1 lounge, 3 bathrooms, and 2 kitchens.
- High Occupancy Rates: Reflects the property's strong appeal and successful operation.
- Established Business: A well-established accommodation business with a proven track record.
Investment Options: Option 1 Lot 30 plus the Rights for $825,000 (Business: $450,000, Office and Suite: $375,000) or Option 2 Lot 30 and 31 plus the Rights for $1,075,000 (Business: $450,000, Lot 30 and 31: $635,000).
This opportunity presents an attractive combination of a profitable business and a high-value real estate asset, ideal for investors or operators looking to capitalise on Cairns' tourism-driven market. With a multiple of 2.33, this management rights business offers an excellent entry point into the MR industry.
Seize this prime investment opportunity and enjoy a profitable venture in a highly sought-after location!
Net Profit: $193,344
Asking Price: $825,000 - $1,075,000
(Inclusive of manager's real estate)
For further information or to arrange an inspection of this North Queensland management rights business for sale contact:
Management Rights Broker
Antonio Curulli
Property Code: 859
