High Netting Resort Port Douglas

High Netting Resort Port Douglas

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The property is walking distance to the famous 4 Mile Beach and Macrossan Street. The property boasts 31 apartments with dual key enhancing the letting ability to 59 apartments. The current vendors have worked on the 59 apartments and have perfected the right mix to increase profit for both owners and the business. This long established business is profitable and will suit a variety of investment opportunities. The occupancy is supported by a strong mix of domestic travellers (regionally and interstate) and international/inbound. The property provides varying accommodation options for travellers making it an easy choice when travelling as a couple, family or group.

Key Features

  • 31 apartments with dual key enhancing the letting ability to 59 apartments.
  • Consistent year on year growth
  • Opportunity for further growth
  • Experienced staff to assist with transition
  • Modern living accommodation
  • Long agreements

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004661
Property Type: Management Rights
Region: QLD - Cairns
Suburb: Port Douglas
Sale Type: Management Rights - All
Net Profit: $642,000
Price: Contact Agent

Listing Agent(s)

Agent Feedback

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

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

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