ICONIC TENERIFFE BUSINESS – RIVERFRONT OPPORTUNITY, WITH growth POTENTIAL

ResortBrokers is excited to present to market a unique and opportunity-led business in the heart of Teneriffe, the ONLY mixed (short-term/permanent) management rights business on the riverfront. This flexible business enjoys excellent tenancy despite the pandemic and has rebounded quickly (over 72 per cent occupancy and growing), so the stage is set for a savvy and proactive manager to capitalise on the numerous revenue growth opportunities this iconic complex presents.

  • Excellent net ($250k) including strong caretaking salary with verified provision for reception/cleaning staff
  • Huge 127sqm luxury two-bedroom, two-bathroom apartments with river views
  • Flexible living options for savvy operators 
  • Opportunity to increase revenue through service, repairs and maintenance costs
  • Dress Circle Riverfront location, only minutes from the city
  • No set office hours
  • Property inspections are by appointment only
Frank Matus

Interested? Why not give Frank Matus a call on 0435 742 698 or