Prime Location Tropical North Qld Management Rights Business Including A 4 Bedroom Residence - 1p6016mr
Business For Sale Cairns, Queensland 4870
Business Category Hotel
Management Rights $1,090,00
Description
Prime Location Tropical North Qld Management Rights Business Including A 4 Bedroom Residence - 1p6016mr
CRE Brokers are pleased to present this opportunity to acquire the Cairns Reef Apartments and Motel, a thriving accommodation business located on southern side of Cairns.
With more than a decade of consistent growth and high occupancy rates, this property presents a great investment and lifestyle opportunity in one of Australia's premier tourist destinations.
TOTAL NUMBER OF UNITS: 28 (not including Manager's residence)
UNITS IN LETTING POOL : 18
NET PROFIT : $193,344
MANAGER'S RESIDENCE : 4 Bedrooms with Office on Title
REAL ESTATE PRICE : $590,000
BUSINESS PRICE : $500,000
TOTAL ASKING PRICE : $1,090,000
With more than a decade of consistent growth and high occupancy rates, this property presents a great investment and lifestyle opportunity in one of Australia's premier tourist destinations.
TOTAL NUMBER OF UNITS: 28 (not including Manager's residence)
UNITS IN LETTING POOL : 18
NET PROFIT : $193,344
MANAGER'S RESIDENCE : 4 Bedrooms with Office on Title
REAL ESTATE PRICE : $590,000
BUSINESS PRICE : $500,000
TOTAL ASKING PRICE : $1,090,000
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Cairns & NorthSimilar Businesses For Sale
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