Management Rights are so scarce in the Northern Territory, coming to market very infrequently. This is particularly significant as Cullen Bay Resorts form Darwin’s most well-established and largest residential resort complex privately owned and operated under this model.

Key Features

  • Rarely available, longestablished Darwin management rights
  • Large letting pool, quality accommodation and resort facilities
  • Premium Cullen Bay Marina precinct location close to all amenities
  • Short-term / permanent mix - flexibility to manage market fluctuations
  • Long tenure with opportunity to further top up agreements
  • High netting business underpinned by substantial body corporate income
  • Established long-term relationships with several repeat corporate clients
  • Established, staffed and running like clockwork
  • Opportunities for growth – extend term, expand letting pool
  • Suit hotel groups, experienced private operators and investors

NB. Property inspections are by appointment

Key Details

Listing Ref: MRB005497
Property Type: Management Rights
Region: NT - North
Suburb: Darwin City
Sale Type: Management Rights - Business only
Net Profit: $835,569
Price: $4,900,000

Listing Agent(s)

Agent Feedback

Our firm has dealt with Ian Crooks for 18 years. During that time we have been involved in the purchase of 33 Motels & Caravan Parks brokered by Resort Brokers.We have found the company to be diligent, able to source good properties, & commercially able to "close a deal".

- Cos Schuh
Manager,
Schuh Group

 I was very impressed with Ian's close involvement with the whole contract, due diligence and settlement phases, which can be quite problematic at times if not handled carefully. Their knowledge, understanding of the process and contacts within the Motel industry are enormous and I look forward to working with both of them again in the future.

- Richard Arbon ARBON PROPERTY GROUP PTY LTD
Managing Director,
Arbon Property Group

Industry specialisation, a focussed approach and a lot of energy - Ian and his Resort Brokers team are delivering what the market they serve, needs.

- John Smith CEO, HORWATH HTL AUSTRALIA