Inn Cairns Boutique Apartments is an exceptional investment opportunity in the heart of the Cairns CBD. There are 36 out of the 38 apartments in a pooled income system, plus a pool area and BBQ plus a rooftop for everyone to relax and enjoy the city ambiance. The current vendors have focused on developing the branding of Inn Cairns to ensure it produces measurable results. 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

  • Inner city location
  • Pooled income for all units
  • Pro-active Body Corporate
  • Long agreements
  • Strong 23% ROI
  • Three bedroom managers residence.
  •  Strong occupancy and net increase year on year

 NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005396
Property Type: Management Rights
Region: QLD - Cairns
Suburb: Cairns City
Sale Type: Management Rights - All
Net Profit: $360,985
Price: $1,869,000

Location

Listing Agent(s)