Your Partner in Success
Your Partner in Success
Investor confidence in North Queensland is High.
Investor confidence in North Queensland is High.
More Resort for your Dollar
More Resort for your Dollar
Top Investment with Flexibility to Meet a Changing Market
Property ID: 

C0314

Location: 
Cairns
Asking Price: 
$670,000
Letting Type: 
Holiday/Permanent
Building Type: 
Apartments
Net Profit: 
$127,415

Well located Cairns 4 Star Holiday Letting property on the CBD fringe. Walking distance to all Amenities. Comprising Studio’s, 1 and 2 Bedroom dual key apartments which provide for flexibility of room type. The two bedroom, 2 bathroom, manager’s apartment has a Courtyard Garden and the Reception and Office are on title. The Manager also has an Exclusive Use back office and 2 large Storage areas. Current Managers are motivated for a sale and the business is very well priced to meet the market. Excellent salary of $50,000 incl.GST and top Agreements with 22 years remaining. The property is suitable for both long and short term letting as required. There is also considerable further business growth possible with the retrieval of units from outside agencies.