Holiday Management Rights for Sale
Established Business in Prime Tourist Location - Offers Above $990K, Returning 27.1% Return on Capital Deployed
- 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.
- Rental Residence: Spacious 1-bedroom unit with office on title
- Rental Residence: Spacious Motel Suite with Ensuite and Walk in Robes
- Additional Residence: Totalling 2 bedrooms, 1 sitting room, 1 lounge, 3 bathrooms, and Kitchen
- 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 traditional multiple of 2.6, this management rights business offers an excellent entry point into the MR industry.
Seize this prime investment opportunity and enjoy a profitable upside of the additional rental in this venture in a highly sought-after location!
Net Profit: $188,951 from Managers Renumeration and Letting Pool
+ $80,000*, from the additional rental space available.
*$268,951 PA, the property is designed to split the current 4 bedrooms into 3 living spaces of which 2 can be let out, lifting Net Profit to $264,000 with the inclusion of these rental spaces.
Asking Price: Offers above $990,000
(Inclusive of manager's real estate)
Returning 27.1% on Capital Deployed.
For further information or to arrange an inspection of this North Queensland management rights business for sale contact:
Management Rights Broker
Antonio Curulli
Property Code: 859
