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Cairns North QLD 4870

Cairns North QLD 4870

  • Hotel, Motel, Pub & Leisure
  • 119 m²
  • For Sale, $1,950,000 (excl. GST)

Immaculate Holiday Property Cairns Esplanade

  • STONG HOLIDAY LET BUSINESS
  • NET PROFIT $346,890
  • 25% ROI ON BUSINESS

Off Market Hotels are excited to present this exceptional management rights to market. Highrise property located on the Cairns Esplanade. The property has always performed as a market leader, offering unsurpassed views of the Coral Sea and Cairns waterfront precinct. Located on prime frontage to the northern end of the Esplanade.
On offer is a MLR business making a strong net profit of $346,800 PLUS a fully renovated, modern apartment (currently under full renovation).

Highlights

15 units in the short-term holiday pool
BC salary $83,000 + GST
Net profit $346,890 February 2024
Two Bedroom ground floor apartment (under full renovation)
Office Exclusive Use full renovation planned
BC attend to all gardens and all pool costs
Vendor has owned property for over 10 years
Mix of holiday/corporate travellers

Property Highlights

Floor AreaAsk Agent
Land Area119 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019144145
Category
Last updated  27 Mar 2024
Map for Cairns North QLD 4870

Property Highlights

Floor AreaAsk Agent
Land Area119 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019144145
Category
Last updated  27 Mar 2024

Listed by

Shane Mullins
Shane Mullins
Off Market Hotels & Off Market Group
Call
0447 185 001

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