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Cairns City QLD 4870
Sold on 1 Apr 2020

Cairns City QLD 4870

  • Hotel, Motel, Pub & Leisure
  • Sold

Boutique Management Rights Cairns CBD $407,620 net | Resort Brokers ID : MR005951

    ResortBrokers® is proud to exclusively present this boutique business to market. This exciting opportunity has been held by the same entity for the last 9 years due to its central location and uncapped potential. The 'blue sky' for the next operator is limitless. With 48 holiday zoned, self-contained apartments this complex stand independently within the Cairns landscape. With a 25% ROI, this opportunity is priced to sell!

    - Cairns CBD Location
    - Self-contained holiday zoned apartments
    - 21-year agreements
    - Large manager's unit with private courtyard
    - Strong occupancy holiday & corporate
    - Proven performer with a $407,620 net profit
    - No set office hours
    - Lots of upshot for new management
    - Property inspections are by appointment only

    Property Highlights

    Date Sold1 Apr 2020
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018514664
    Category
    Last updated  4 May 2023
    Map for Cairns City QLD 4870

    Property Highlights

    Date Sold1 Apr 2020
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018514664
    Category
    Last updated  4 May 2023

    Listed by

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