72 Macrossan Street Port Douglas QLD 4877

OPPORTUNITY TO BUY:

. Premium real estate in the golden triangle of Port Douglas
. A holiday resort complex that is on freehold title
. A fully established business operating a very profitable business

By the Sea Port Douglas is a beachside boutique resort in the most sought-after holiday location in Port Douglas - in the town centre right by Four Mile Beach. The resort offers 24 different rooms, many of which have views of the Coral Sea.

The resort was purchased in 2009 by the current owner. Since then over $2.0M million has been invested in upgrading and renovating the resort to a very high standard, with quality fixtures, furnishing and fittings throughout.

The resort runs at 95% plus occupancy throughout the year, and has excellent good will, consistently awarded 5 stars for service, comfort and location. Significently, repeat guests account for arould 60% of all bookings.

PROFIT:

The resort shows a net profit of around $800,000 p.a.

PRICE:

$7,350,000. Includes land, improvements & business.

To view the BY THE SEA PORT DOUGLAS website click on/go to below:

https://bytheseaportdouglas.com.au/

For further information, income & expenses etc, please contact Alan Crossman 0419 793 434 or alan@propertyshopportdouglas.com