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Profitable, Low-Input Business in the Heart of Tropical North QLD | Resort Brokers ID : MR008569
$2,500,000
Resort / Holiday Management Rights, Cairns QLD
ResortBrokers is delighted to bring to market Getaway on Grafton, a proven management rights business in central Cairns. Featuring 24 apartments and a three-bedroom managers residence, this short-stay complex consistently delivers a net profit exceeding $477,000. With 21 units in the letting pool, high occupancy from both corporate and holiday guests, and no on-site living or set office hours required, buyers benefit from operational flexibility. The business is turnkey, supported by streamlined systems and a strong body corporate relationship, offering immediate income and growth potential in a prime location.
- Consistent net profit of over $477,000
- Situated just a short stroll from the CBD, top tourist attractions, cafes, and major hospitals
- A balanced mix of corporate and holiday clientele ensures strong, year-round occupancy and reliable income
- Operate remotely or off-site, with complete freedom and zero residential obligation
- No set office hours - Giving you the freedom to manage the business on your terms
- Fully ooperational and turnkey business with everything in place for immediate handover
- Inspections by appointment only
Date updated: 16 Jun 2025 23:00:01
More Information
- Total Purchase Price: $2,500,000
- Net Income: $ 477,829
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 500,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.2
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?