Premier Management Rights Business – Tropical North QLD

Premier Management Rights Business – Palm Cove, Tropical North QLD

Location: Palm Cove, Far North Queensland, Australia

Introduction: Here presents an exceptional opportunity to own and manage a premier Management Rights business in Far North Queensland, nestled in Palm Cove on the stunning northern beaches of Cairns.

Property Overview: Situated amidst the breathtaking beauty of Palm Cove, the complex offers beautiful facilities in a tranquil setting, providing guests with a serene atmosphere to unwind. Boasting a prime location, it offers easy access to the region’s natural wonders.

Manager’s Residence: The package includes a generous manager’s residence featuring 3 bedrooms, 2 bathrooms, and a sunroom, with access to a spacious outdoor grassed area to the rear.

Key Features:

• The complex comprises a mix of fully self-contained one and two-bedroom apartments that include dual key units.
• Each unit is individually furnished to quality standards, ensuring a unique guest experience.
• Zoned for short-term stays only, presenting lucrative opportunities for the management rights operator.
• Long-term letting agreements in place, offering stability for potential owners.
• Just a 5-minute walk to Palm Cove beach, enhancing the property’s appeal.

Financials:

• Business Price $3,345,000 plus two property titles valued at $850,000.
• An impressive net profit of $743,452, promising a fantastic return on investment for the management rights owners.

Versatility:

• This opportunity presents not only a business venture but also an enviable lifestyle, or the potential to be managed by a dedicated management company.

Contact Information: For further details and inquiries, please contact Dilan De Silva on +61426653774 or dilan@tourismproperties.com.