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Exceptional Management Rights Opportunity in Port Douglas | Resort Brokers ID : MR008591
$1,525,000
Permanent Management Rights, Port Douglas QLD
ResortBrokers is excited to present a prime opportunity to acquire the management rights for Le Cher Du Monde, a premier holiday apartment complex situated in the heart of Port Douglas.
Located on Macrossan Street, the main street of Port Douglas, the complex benefits from its central position in one of the town's most sought-after locations. This prime spot means guests are just steps away from local shops, restaurants, cafes, and popular attractions, contributing to its high occupancy rates and steady demand. With the ease of access to both the beach and local amenities, guests flock to this property year-round, ensuring strong returns for owners.
With a 21% ROI and a proven track record of great income, this business offers both solid returns and the opportunity to capitalise on Port Douglas growing tourism market. Dont miss out on this fantastic opportunity to secure your future in one of Australias most desirable locations.
- Iconic apartment complex in the heart of Port Douglas, a top tourist destination with access to Four Mile Beach
- Consistent occupancy and bookings,ensuring a secure revenue stream for management rights owners
- Benefit from tourism growth in Port Douglas, with increasing international and domestic visitors
- Established operational systems and experienced team for efficient management and smooth transition
- The complex features a lagoon-style pool and barbecue area
- Inspections are strictly by appointment only
Date updated: 29 Jan 2025 22:00:02
More Information
- Total Purchase Price: $1,525,000
- Net Income: $ 326,260
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours