Sold
Management Rights · Cairns City · MR005948
Unique lease-back style management rights are a rare find. This turnkey opportunity provides a perfect point of entry into the Cairns market.
Motel styled Management Rights all wrapped into one very profitable business!
Unique lease-back style management rights are a rare find. This turnkey opportunity provides a perfect point of entry into the Cairns market.
- Net profit
- $226K
- Asking $995,000
- Status
- Sold
The business at a glance.
- Unbeatable location right in the CBD of Cairns
- Strong corporate clientele
- Zoned holiday/short term letting
- All units in the letting pool
- No requirements for management to live onsite
- Leaseback style management rights – no trust accounting required
- Long agreements
- Large on-title office and reception areas
- Property inspections are by appointment only
The asset, the manager unit, the location.
Cairns City, QLD
Cairns City, QLD
Talk to the broker.
Ask about similar properties
Chenoa Daniel
Senior Specialist Accommodation Broker, Sunshine Coast
0403 143 151
07 3878 3999
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