C0382
Exceptional commercial complex trading as Cairns Night Markets.
Interesting and diverse entertainment for all and a must do for visitors to Cairns.
Extremely high foot traffic 2.7 million per year.
Perfect Esplanade location with a variety of 131 shops including 13 food outlets with seating for 200.
The complex is essentially structured as Management Rights but with fewer restrictions.
Involves admin duties only.
Excellent security of tenure with a Perpetual Term on the Body Corporate Agreements.
Remarkably stable business with low shop vacancy rates and lease terms of 12 months minimum.
Income is from Management and Marketing fees paid by Owner Occupiers and Tenants alike.
Very stable commercial business showing excellent and consistent growth.
Good salary of $120,910 excluding GST.
Office on title plus two exclusive use carparks and on site storage .
Can be operated by one person with ease.
No check-ins, no gardening, no set office hours.
The Cleaning & Security roles currently undertaken by the Body Corporate, can be taken back as the Managers responsibility with the benefit of an additonal approx. $100k to the net profit if required.
For detailed information on this property please contact Calvin Bailey.
Calvin Bailey FLREA