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Cairns City QLD 4870

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, $595,000 (GST na)

Business For Sale - Prestige Cairns Main Road Holiday Lodge - ID 8987 H

  • Opportunity For Growth
  • Covid Proof Investment

- North Queensland Management Rights For Sale
- Consistent Performer during Covid
- Owners Retiring after 13 years of Solid Trading
- Guaranteed Body Corporate salary of $76,000
- Only 18 out of 35 units in the holiday letting pool, great scope to improve
- Main focus on Hospital, medical and Government clientele, making it Covid proof
- Comfortable one bedroom manager's residence with great alfresco area
- Exclusive Use office, off the residence with no set office hours
- Supportive committee and owners
- 15 years remaining on agreements, with scope to top up to 25 years at the next BC meeting
- Resort style pool and BBQ area
- No set hours required, would suit an active couple
- Minutes from all shopping, medical services and International Airport
- Ideal for an active couple wishing to escape the southern, grow the letting pool and possibly take the property to it's next phase of development.

- The location is perfect, the residence comfortable, the complex is compact with no owner occupiers. You cannot go wrong with this Management Rights opportunity.

Net Profit: $154,000
Asking Price: $595,000
(Inclusive of manager's residence)

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

Management Rights Broker
Antonio Curulli

Property Highlights

Property ID2016394722
Floor Area1 m²
Land Area1 m²
Parking1 x Onsite parking
Annual ReturnAsk Agent
AvailabilityVacant
Virtual TourView Tour
Category
Last updated  27 Jul 2020
Map for Cairns City QLD 4870
Map for Cairns City QLD 4870Cairns City QLD 4870
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  • Purchase price

    $
    595,000

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Management Rights Sales
170 Scarborough Street Southport QLD 4215

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