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