Port Douglas, QLD 4877

Region: QLD - Cairns

Sale Type: Management Rights - Holiday

For Sale

$1,325,000

Profit: $251,011

STUNNING HOLIDAY COMPLEX IN PORT DOUGLAS, HIGH NET AND VERY LOW MULTIPLIER

We are pleased to offer for sale, the Management Rights and associated Manager’s Real Estate of this outstanding holiday complex located in Port Douglas.

Located in Port Douglas and only a short walk to Macrossan Street and all Bars and Restaurants.
The property consists of 18 well designed and beautifully appointed apartments with 16 in the rental pool.

The manager’s apartment is valued at $360,000 which includes the office being on title.

There are long agreements in place and a pet is allowed for the manager.

Large 2 bedroom Owner’s apartment complete this offering.

Offered at a low multiplier of only 3.8 times!

Inspect now, this is a rare offering.

Details

  • Listing ID: R2-1826363
  • Property Type: Management Rights
  • Sale Type: Holiday
  • Region: QLD - Cairns
  • Suburb: Port Douglas, QLD 4877

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