Roi Of 28% On Accom Business Plus 4 Br Res - Prime Location - 1p6016mr

Business For Sale Cairns, Queensland 4870

Business Category Hotel

Management Rights $1,200,00

Description

Roi Of 28% On Accom Business Plus 4 Br Res - Prime Location - 1p6016mr

CRE Brokers are pleased to exclusively 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 : 20
NET PROFIT : $184,902.53

MANAGER'S RESIDENCE : 4 Bedrooms with Office on Title

REAL ESTATE PRICE : $550,000
BUSINESS PRICE : $650,000
TOTAL ASKING PRICE : $1,200,000
Other Features / Notes
A:MANAGEMENT RIGHTS, B:MANAGEMENT RIGHTS, C:QLD - Cairns & North
Contact Seller

Bsale ID: 642806
Broker REF: 1P6016

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