Cairns CBD Location Strong Corporate Business
Cairns CBD Location Strong Corporate Business
Cairns CBD Location Strong Corporate Business
Cairns CBD Location Strong Corporate Business
Cairns CBD Location Strong Corporate Business
Cairns CBD Location Strong Corporate Business
Cairns CBD Location Strong Corporate Business
Cairns CBD Location Strong Corporate Business
Cairns CBD Location Strong Corporate Business
Cairns CBD Location Strong Corporate Business

Cairns CBD Location Strong Corporate Business

$1,625,000 Exclusive

Inn Cairns Boutique Apartments is located in the heart of Cairns CBD. This location allows for increased exposure to walk-in guests and is ideal for corporate clients needing to be close to the city services. The business income is driven from corporate and government agencies with strong numbers of overseas and domestic travellers. The tourist market is showing strong growth providing ongoing opportunity for this business.

Key Features

  • The apartments in the letting pool are operated under a pooled income system
  • A percentage of the total gross monthly income is paid into an advertising fund and a refurbishment fund
  • The Body Corporate salary is healthy at $83,190 pa. 
  • The Cairns landscape is being transformed with major projects like the new Cairns Aquarium (near completion) and a multimillion dollar upgrade of the Cairns Performing Arts Centre. With real future economic opportunity other highlights including an upgrade of the Cairns Convention Centre and dredging of the Cairns Inlet
  • Spacious three bedroom manager’s apartment

 NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004888
Property Type: Management Rights
Region: QLD - Cairns
Suburb: Cairns City
Sale Type: Management Rights - All
Net Profit: $300,000
Price: $1,625,000

Location

Listing Agent(s)

Agent Feedback

I have known Shane for some time and ended up choosing him as an exclusive agent among the many available in Cairns because of his high ethical standards, knowledge of the industry and accurate vetting of potential buyers. He listens well to ideas presented but is not afraid to voice his own opinion, which was always backed up with sound statistics and market knowledge, proving valuable in guiding the process to the best outcome. I would not hesitate to recommend him noting that he was also recommended to me by an outgoing manager who sold his business through Shane.

- Andrew Marflett
Vendor,
Waterfront Terraces

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

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