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1-5 Barrier Street
Port Douglas QLD 4877
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1-5 Barrier Street Port Douglas QLD 4877

  • Hotel, Motel, Pub & Leisure
  • 194 m²
  • For Sale, NOW PRICED $950,000

SEA CHANGE TOWNHOUSE AND INCOME - URGENT SALE REQUIRED!

    Are you looking for a Sea Change and Income? This could be the perfect solution. Purchase the Management Rights at Ti Tree Resort, and a lovely 4 bedroom Townhouse....

    The Ti-Tree Resort is very well-established resort complex, in the tourism destination of Port Douglas, offering a great opportunity for a talented manager.

    Port Douglas is a tourism destination, with unique access to the ancient rainforest in Daintree, and snorkelling with turtles and dolphins in the Great Barrier Reef. Are you looking for a sea change to take this profitable business on board and to enjoy lifestyle in paradise? The current Managers have commitments elsewhere and as such this is a MUST-SELL.

    The price includes a very spacious large Manager's Townhouse, with the rare 4 bedroom configuration with 2 bathrooms and another bedroom attached to the office.

    The office is large with a lounge area to welcome all guests. The manager's residence has been nicely renovated and updated, so you don't need to do anything, and this would suit a family planning a lifestyle move.

    WHAT WE LOVE:
    - Excellent 4 bedroom residence and Reception area + one bedroom upstairs
    - Complex includes a huge swimming pool with a spa, the tennis court and barbecue facilities.
    - No requirement to live on-site
    - Only a few minutes away to famous Four Mile Beach
    - Local shops i.e. the bottle shop, the F&C shops are located across the street.
    - 21 years remaining
    - Manager's residence is valued at $590,000 (as of Jan 2024)
    - Net return (2022/year ended 30th September 2023) $160,368
    - Multiplier ONLY x 2.25
    - Scope for improvement. Real value here!

    If this opportunity appeals to you and need more details, please contact Property Shop Commercial Sales agent Ritsuko Dickinson 0409 764 127 or email ritsuko@propertyshopportdouglas.com

    Property Highlights

    Floor Area194 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2018936836
    Category
    Last updated  9 Apr 2024
    Map for 1-5 Barrier Street Port Douglas QLD 4877

    Property Highlights

    Floor Area194 m²
    Land AreaAsk Agent
    Parking1 x Onsite parking
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2018936836
    Category
    Last updated  9 Apr 2024
    366 Port Douglas Road Port Douglas QLD 4877

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