Sold

Entry Level Management Rights Opposite the Cairns Base Hospital

Reef Gateway has hit the market and is priced to sell with a business multiplier under 3x, making this as a great entry point for a new to industry couple, or a savvy operator to take advantage of the city fringe location and potential for growth.

  • Great fringe CBD location
  • Prime position to the Cairns Hospitals and Health Precinct
  • Long agreements with office/reception on-title 

  • Real opportunity for business growth
  • Potential to greatly increase letting pool and net profit
  • Dual Street Access
  • 34% Return on Investment
  • Motivated vendor priced to sell under 3x multiplier

 

NB: Property inspections are by appointment only

Listing Ref MR005290
Property Type Management Rights
Sale Type Management Rights - All
State QLD
Region Cairns
Suburb Cairns North
Net Profit $139,623
Price $620,000
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Chenoa Daniel

Interested? Why not give Chenoa Daniel a call on 0403 143 151 or

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