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.
NB: Property inspections are by appointment only
| Listing Ref: | MR005290 |
| Property Type: | Management Rights |
| Region: | QLD - Cairns |
| Suburb: | Cairns North |
| Sale Type: | Management Rights - All |
| Net Profit: | $139,623 |
| Price: | $620,000 |
Broker, Far North Queensland
Broker
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
Buying management rights is a very complicated affair and can be a very drawn out process, which we soon discovered. Although our transaction was more complicated than most and took much longer than originally anticipated, having Resort Brokers and their agent Chenoa Daniels help guide AND support us through the process was invaluable and we couldn't have done it without her. THANK YOU, THANK YOU CHENOA!!
- Nathan Clarke & Jason Penrose
Purchaser,
Saltwater Luxury Apartments
My agent Chenoa Daniel is a rising star of Resort Brokers and the MR industry. Her professionalism, ethics and industry knowledge is above and beyond any other MR broker I have had dealings with. Chenoa is in a class of her own and invests everything she has to make sure you make the best purchase decision for your situation. One of those rare agents who treat your business decisions like her own and will do what it takes to get you over the line, and into a rewarding lucrative business that will suit your needs. Chenoa is with you every step of the way, even providing post-settlement advice and industry contacts. Her support was invaluable, and I can only see great things for her in the future.
- Annalies Player
Purchaser,
Clifton Waters
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