259 Sheridan Street Cairns North QLD 4870

Offering a relaxed, low maintenance and flexible management rights, 'The Ray Murphy Team' is proud to welcome to the affluent Cairn's market the Cairns Holiday Lodge. Situated on the cities edge with extremely high vehicle exposure, the property offers guests affordable and convenient accommodation in what is a prosperous tourism economy.

BUSINESS BREAKDOWN:
- 18 units in letting pool
- Well maintained gardens, resort style pool and covered BBQ area
- Short stroll to Cairns CBD & Esplanade
- 4km from Cairns Domestic & International Airport
- Happy and supportive owners and committee
- Office on title, NO SET OFFICE HOURS
- 18 years remaining on management agreement with option to increase
- Opportunity for growth/increase income by adding to the letting pool

MANAGERS RESIDENCE
- 1 bedroom
- 1 bathroom plus additional separate toilet
- Large private and covered patio wrapping around unit
- Upstairs balcony
- Storage shed
- Reception adjoining residence

THE BOTTOM LINE
________________________
Managers salary: $67,208.85
Net Profit: $150,000 approx.
Asking Price: $525,000 (including managers residence)

The opportunity to secure this relaxed lifestyle and secure income won't last long. Make your escape to the North a reality, contact The Ray Murphy Team today!