Price Reduced - Impressive Cairns Management Rights - ID 9152

$1,050,000

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.

 

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 2.7, 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: $196,187
Asking Price: $1,050,000
(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

Price $1,050,000
Location Cairns
Property ID 9152

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