Address available on request,
Port Douglas, QLD 4877
Hotel, Motel & Leisure
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Resort / Holiday Management Rights: Great tropical resort with excellent returns
Managers ready to retire and enjoy a different life.
With a 25% return on the business, this is the perfect easy to run resort for those seeking to earn a reliable income with real profit growth as well as time to enjoy a tropical lifestyle in paradise. With annual CPI increases in the Caretaking remuneration and Letting Agreements, as well as a 5 yearly market review, everything is in place for the continued growth of the business and ROI. Realistic multiplier. There is an active and supportive Body Corporate.
A short walk to the Port Douglas village center and stunning Four Mile Beach – this 3 ½ star resort offers fantastic value for money. Large swimming pool and beautiful easy to maintain tropical gardens. It is a popular holiday complex with 1- and 2-bedroom apartments for all demographics. In the highly desired location of Port Douglas, affordable 3+ star accommodation is in high demand in all economic climates.
There has been a continuous program of modernization of the interior of the apartments and external common areas. Possiblity for extra project management income. The property is ideally positioned to take advantage of the transformation of the local area.
The managers apartment is a comfortable, modernized two-bedroom, 1 bathroom apartment with 2 patios and garden to enjoy. Fully Furnished. Car parking space. The reception is on title and adjourns the managers accommodation.
With no obligation to live on site, the managers apartment is presently holiday let, delivering excellent returns for the manager (extra to net income).
Summary:
* Possiblities to further grow the business and ROI
* Healthy caretaker's renumeration
* Annual CPI increases
* Realistic multiplier of 3.5
* New letting agreements 2022.
* Long letting/caretaking agreement of 24 years
* Supportive Body Corporate Committee
* Healthy sinking fund
* Comfortable managers apartment
* No obligation to live on site
* Easy to maintain common area
This management rights represents excellent returns in a stunning location and will suit a 1-2 person operation. Call now, as businesses like this get snapped up quickly!
Please Contact Edward Moyle on 0422 082 1...
With a 25% return on the business, this is the perfect easy to run resort for those seeking to earn a reliable income with real profit growth as well as time to enjoy a tropical lifestyle in paradise. With annual CPI increases in the Caretaking remuneration and Letting Agreements, as well as a 5 yearly market review, everything is in place for the continued growth of the business and ROI. Realistic multiplier. There is an active and supportive Body Corporate.
A short walk to the Port Douglas village center and stunning Four Mile Beach – this 3 ½ star resort offers fantastic value for money. Large swimming pool and beautiful easy to maintain tropical gardens. It is a popular holiday complex with 1- and 2-bedroom apartments for all demographics. In the highly desired location of Port Douglas, affordable 3+ star accommodation is in high demand in all economic climates.
There has been a continuous program of modernization of the interior of the apartments and external common areas. Possiblity for extra project management income. The property is ideally positioned to take advantage of the transformation of the local area.
The managers apartment is a comfortable, modernized two-bedroom, 1 bathroom apartment with 2 patios and garden to enjoy. Fully Furnished. Car parking space. The reception is on title and adjourns the managers accommodation.
With no obligation to live on site, the managers apartment is presently holiday let, delivering excellent returns for the manager (extra to net income).
Summary:
* Possiblities to further grow the business and ROI
* Healthy caretaker's renumeration
* Annual CPI increases
* Realistic multiplier of 3.5
* New letting agreements 2022.
* Long letting/caretaking agreement of 24 years
* Supportive Body Corporate Committee
* Healthy sinking fund
* Comfortable managers apartment
* No obligation to live on site
* Easy to maintain common area
This management rights represents excellent returns in a stunning location and will suit a 1-2 person operation. Call now, as businesses like this get snapped up quickly!
Please Contact Edward Moyle on 0422 082 1...
Port Douglas, 4877 demographic data
The median household income for Port Douglas is $1,370, 9% lower than Regional Queensland's household income of $1,507. Port Douglas has an older age profile compared to the rest of Regional Queensland (median age 44 vs 41). Property ownership data shows 48% of property owners in Port Douglas have a mortgage.
3,650
Population
$1,370 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
0422 082 1...
Address available on request
Port Douglas, QLD 4877
THEONSITEMANAGER - QueenslandEagle St
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000