Port Douglas, QLD 4877

Region: QLD - Cairns

Sale Type: Management Rights - Holiday

Sold

$690,000

Profit: $119,000

PORT DOUGLAS BOUTIQUE MANAGEMENT RIGHTS BUSINESS FOR SALE, LOW MULTIPLIER!

We are pleased to present the Management Rights and owner’s apartment, of The Lychee Tree complex located in Port Douglas in far North Queensland.

This is a boutique holiday letting complex consisting of 24 apartments.

There are 1 and 2 bedroom options and 17 are in the letting pool.

The business has had consistent year on year growth and the rental pool continues to grow.

This is a great opportunity to enter the Holiday Accommodation market in a highly desirable location.
The Lychee Tree offers both a great business and also an excellent lifestyle.

The business would easily suit newcomers to the Industry and would even suit a single person operator.

Located close to the hub of Port Douglas, the property is in high demand and attracts strong repeat visitation from past guests.

Details

  • Listing ID: R2-1639826
  • Property Type: Management Rights
  • Sale Type: Holiday
  • Region: QLD - Cairns
  • Suburb: Port Douglas, QLD 4877

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