Skip to main content

Management Rights business for sale in Holloways Beach

  • Management Rights
  • Holloways Beach QLD 4878
  • $1,435,000 (GST na)

Business For Sale - Beachfront Permanent Management Rights - ID 8998 BL

- North Queensland Management Rights For Sale
- Great Body Corporate Salary, Flexible Letting
- Located at waters edge in Holloways Beach, Cairns Northern Beaches
- Modern and stylish complex in premier beachfront location
- Covid proof permanent lettings with the flexibility to switch between permanent and holiday
- Positioned to place part of the complex back into holiday letting and reap great upside
- 74 spacious self contained 1 bedroom units with fold out sofas to maximise rentals
- 59 units in the letting pool, 5 outside agents and 10 owner occupiers
- All units surround pool and garden area, many with ocean views from 1st & 2nd floors
- Easily managed business with outsourced gardening, cleaning and reception support
- Excellent ratings from short term booking sites
- Only a short drive to Cairn International Airport, 10 minutes to Smithfield and 12 minutes to Cairns CBD

Currently 21 years remaining on agreements with automatic top ups every 5 years. The manager's residence is a generous on bedrooms apartments with 2 car parks, ample storage and 2 offices and foyer on title - valued at $270,000.

Net Profit: $307,000 (2019 / 2020 figures)
Asking Price: $1,435,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this North Queensland management rights for sale contact:

Management Rights Broker
Antonio Curulli

Antonio Curulli - MR Sales
Tourism Brokers
Antonio Curulli - MR Sales
Tourism Brokers

Business Highlights

Business ID2016644880
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  18 Nov 2020
Map for Holloways Beach QLD 4878
Map for Holloways Beach QLD 4878Holloways Beach QLD 4878
Looking to buy this business?

powered by

So much work goes into buying a business, so why not let Valiant do the heavy lifting on helping you getting you the finance you need.

Valiant’s digital quoting tool will assess your eligibility and compare products from over 80 lenders, all in a few minutes!

Antonio Curulli - MR Sales
Tourism Brokers
Antonio Curulli - MR Sales
Tourism Brokers

Business Highlights

Business ID2016644880
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  18 Nov 2020
Tourism Brokers
170 Scarborough St Southport QLD 4215
Antonio Curulli - MR Sales
Tourism Brokers
Antonio Curulli - MR Sales
Tourism Brokers

Ask Antonio Curulli - MR Sales about this business

Antonio Curulli - MR Sales

Antonio Curulli - MR Sales

Tourism Brokers

Call Broker
0488 030 853
CallEmail