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

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: $341,792
Price: $1,625,000

Location

Listing Agent(s)

Agent Feedback

My husband and I purchased City Sider Cairns through Chenoa at Resort Brokers. I have bought and sold many properties over the years and found this purchase to be the least stressful by far. Chenoa is a professional agent with a wealth of knowledge about management rights. Chenoa provided information not only about the property but the potential upshot in each property and how we could make a difference. Chenoa guided us through the legal, accounting, financial and purchasing side of the business seamlessly. We were not pressured into a sale and Chenoa showed us over 20 properties travelling many miles from Cairns to Port Douglas searching for a business that was right for us. Chenoa showed up each day with a friendly positive demeanour and is extremely professional in her approach, answering all our queries, calls and emails pretty much the same day. I would definitely use Chenoa to sell our property in the future and I would thoroughly recommend Chenoa to other management rights businesses who are in the market to sell.

- Matthew and Carla Biskupski
Purchaser,
City Sider Cairns