High % ROI Management Rights in Cairns - PRICED TO SELL! | Resort Brokers ID : MR008610
$1,245,000
Resort / Holiday Management Rights, Cairns QLD
ResortBrokers presents an exciting business opportunity with Koala Court Holiday Apartments in Cairns, offering a remarkable 23% ROI. This management rights business features 19 self-contained units and a spacious manager's residence. With no set office hours and a prime location near key amenities, it ensures high occupancy and reliable income. The business generates a net profit of $284,397, supported by efficient management systems and low-maintenance duties. Ideal for experienced operators or first-time buyers seeking excellent returns and long-term stability.
- Spacious 3-bedroom manager's residence with lock-up garage and ample storage
- Reliable income stream with high occupancy rates from corporate and leisure guests
- Prime location near shops, cafes, esplanade, hospitals, and airport
- Low-maintenance property with no set office hours or on-site living requirement
- Holiday-only zoning ensures a community of short-term renters
- Inspections by appointment only
Date updated: 20 Feb 2025 22:00:02
More Information
- Total Purchase Price: $1,245,000
- Net Income: $ 284,397
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 495,000
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?