Le Cher Du Monde.
In the heart of Port Douglas, this attractive and profitable management rights business can now become your Port Douglas "darling".
Instantly recognizable, with its stunning Mediterranean blue façade, the resort features a position in the heart of this renowned resort town, Macrossan Street, and the front office faces the main street. The location is highly sought after by holiday makers, with restaurants and retail right at your doorstep. In addition to the convenient and popular location, Le Cher provides a haven for tourists to relax and enjoy the tropical north and its attractions. The resort has a stunning, very private swimming pool and BBQ area, and terraced tropical gardens.
There is a total of 24 1-bedroom apartments in the holiday pool (27 1-bedroom apartments in the complex), with the expectation this will increase. Importantly, there is a spacious, well maintained 2-bedroom 2-bathroom resident manager's apartment, with modern kitchen and plenty of cupboard space and storage, so you will have both income and lifestyle.
With FY2023 estimated nett annual income of over $260,000, body corporate salary of $69,000 plus GST, 22 years to run on the body corporate agreements, supportive committee - Le Cher du Monde management rights will appeal to operators who see the opportunity this presents. The sellers have genuine health reasons for selling the thriving accommodation business they have nurtured and developed and are committed to a sale.
Listing price includes both the management rights business and the managers' apartment.
For more information, and to arrange a private inspection, please contact us directly.
