Five Star Property at 3.5 Multiplier

Five Star Property at 3.5 Multiplier

$1,465,000Price Reduced

With arguably one of the better positions in Port Douglas, this modern property provides sophisticated accommodation with a touch of real service, in a thriving tourist destination. With 14 holiday apartments, two and three bedrooms on offer you are able to give a high level of service to guests. Enjoy the benefits of a modern, 3 bedroom open planned manager's apartment.

Key Features

  • Modern complex in great location
  • Increased trading month by month with an exceptional high season
  • Exciting 22 year agreement
  • Large modern manager's apartment with privacy
  • Generous BC salary

NB: Property inspections are by appointment only

 

 

Key Details

Listing Ref: MR004416
Property Type: Management Rights
Region: QLD - Cairns
Suburb: Port Douglas
Sale Type: Management Rights - All
Net Profit: $276,512
Price: $1,465,000

Listing Agent(s)

Agent Feedback

We would like to say a huge thanks to Shane Mullins for his professionalism and effort to finalise the deal for our leasehold purchase. It was a pretty special set of circumstance for our purchase, and we wouldn’t have got past the first base, let alone completed without your involvement. We very much look forward to building the business into a very healthy going concern for you to take back to the market in the next 12-24 months!

- Max Nulley
Purchasers,
Lyndoch Motor Inn

Shane Mullins made us completely proud with his efficiency and diligence in the sale of our property City Park Gardens. His process working towards the list price was always the primary focus and he achieved great results. We look forward to buying our next property through Resort Brokers! Shane Mullins made us completely proud with his efficiency and diligence in the sale of our property City Park Gardens. His process working towards the list price was always the primary focus and he achieved great results. We look forward to buying our next property through Resort Brokers!

- Shane & Sandra Croghan
Previous Owners,
City Park Gardens

The sale of this property was a particularly lengthy affair, during this time Shane always remained positive & focused towards the end result. His encouragement ensured we also remained positive throughout the entire process. If we intend to buy or sell again we would not hesitate to engage Shane to act on our behalf.

- Brenda Krop COOKTOWN HOTEL