Address available on request,
Cairns City, QLD 4870

Hotel, Motel & Leisure

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Fantastic Management Rights for New Comers to the Industry - Cairns CBD

Ideally located in close proximity to the Cairns City Centre this property is perfect for a couple who are new to the industry. A 3 storey complex with spacious modern 1 and 2 bedroom apartments the business operates a mix of holiday and long term accommodation. Additional facilities include a lovely tropical pool, undercover secure parking, large foyer and reception area and a 2 bedroom managers residence.

The tropical gardens have been designed for a low level of maintenance – which ensures the operator has time to focus on marketing. The business attracts a good mix of corporate and holiday clientele – with established connections to the Chinese Tourism industry.

Net Profit $220,702

Cairns City, 4870 demographic data

The median household income for Cairns City is $1,627, 8% higher than Regional Queensland's household income of $1,507. Cairns City has an older age profile compared to the rest of Regional Queensland (median age 44 vs 41). Property ownership data shows 35% of property owners in Cairns City have a mortgage.

3,616

Population

$1,627 per week

Median household income

44 years

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