High Earning MLR: Lifestyle, Location, and Profitability Combined

Description

Offered for sale, this exceptional management rights business presents an enviable blend of lifestyle and strong commercial returns in the thriving holiday hotspot of Cairns, Queensland. This offering is a well-established holiday complex of 29 apartments with an impressive Net Profit of $424,071 inclusive of a CPI salary of $77,941 ex GST. With 22 years remaining on agreements, this business offers long-term security and the perfect balance between income, freedom, and lifestyle. The package includes a beautifully maintained managers apartment valued at $630,000, positioned close to Cairns city centre and the Esplanade. The business enjoys consistent occupancy from both domestic and international travellers drawn to Far North Queenslands natural wonders from the Great Barrier Reef to the Daintree Rainforest. This is a turnkey opportunity with excellent repeat clientele, a supportive body corporate, and well-structured systems already in place. Perfect for a couple seeking a rewarding coastal lifestyle business or an investor wanting strong returns in a growth tourism market. Simply put, this is an award-winning, clean and green, eco-certified complex in Cairns CBD with a very reasonable 4 multiplier. The property rates highly with holiday guests and has consistent government and corporate clientele, providing reliable income all year round and contented owner-investors. It is a well-presented property two blocks from the Cairns city centre and Central Shopping complex, and is in a quiet location. Excellent facilities including undercover secure parking. Immaculate 2 bedroom managers apartment with separate office/foyer. The property is of Queensland Colonial Style design in a modern, compact building designed for easy maintenance & administration. There are no apartments with outside agents. The vendors are motivated and after 10 years, ready to move on. Pets allowed with body corporate approval. Inspection is highly recommended: contact Calvin today for furthe