Profitable Cairns Holiday MR with Large Residence - ID 9152

All Offers Above $990,000

Holiday Management Rights for Sale
Established Business in Prime Tourist Location - Offers Above $990K, Returning 27.1% Return on Capital Deployed

 

  • Prime Location: Situated on the southern side of Cairns, one of Australia's top tourist destinations.
  • Consistent Growth: Over a decade of steady performance and high occupancy rates.
  • Total Units: 29 (excluding the Manager's residence).
  • Letting Pool: 18 units available for letting.
  • Rental Residence: Spacious 1-bedroom unit with office on title
  • Rental Residence: Spacious Motel Suite with Ensuite and Walk in Robes
  • Additional Residence: Totalling 2 bedrooms, 1 sitting room, 1 lounge, 3 bathrooms, and Kitchen
  • High Occupancy Rates: Reflects the property's strong appeal and successful operation.
  • Established Business: A well-established accommodation business with a proven track record.

 

This opportunity presents an attractive combination of a profitable business and a high-value real estate asset, ideal for investors or operators looking to capitalise on Cairns' tourism-driven market. With a traditional multiple of 2.6, this management rights business offers an excellent entry point into the MR industry.

 

Seize this prime investment opportunity and enjoy a profitable upside of the additional rental in this venture in a highly sought-after location!

 

Net Profit: $188,951 from Managers Renumeration and Letting Pool 
+ $80,000*, from the additional rental space available.

 

*$268,951 PA, the property is designed to split the current 4 bedrooms into 3 living spaces of which 2 can be let out, lifting Net Profit to $264,000 with the inclusion of these rental spaces.

 

Asking Price: Offers above $990,000
(Inclusive of manager's real estate)

 

Returning 27.1% on Capital Deployed.

 

For further information or to arrange an inspection of this North Queensland management rights business for sale contact:

 

Management Rights Broker
Antonio Curulli

Price All Offers Above $990,000
Location Cairns
Property ID 9152

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