Your Partner in Success
Your Partner in Success
Perfect Sea Change and Business
Property ID: 

C0391

Location: 
Port Douglas
Asking Price: 
$1,740,000
Letting Type: 
Holiday
Building Type: 
Walk-up
Net Profit: 
$285,000

Steps from the iconic Four Mile Beach, Port Douglas, this niche market, beautiful property is the perfect fit for discerning couples or singles seeking a prosperous sea change.
This well-performing, easy-to-run business is a rare offering to the market. All identical apartments are in the holiday letting pool.
Multiplier is just 3.8X and the ROI on the business is 26%.
The configuration is designed for ease of operation all apartments are identical two-bedroom, two-bathroom units.
The gardens, common areas, and swimming pool are designed for ease of maintenance.
The manager has a spacious two bedroom, two bathroom apartment with two separate undercover balconies and an accessible front fenced yard.
This is a well-built and maintained complex, and a turn-key operation.

The three-night minimum stay adds to the ease of operation, especially in terms of cleaning and maintenance requirements.

In an outstanding and sheltered location, directly opposite the new water park and only 100 metres from the white sands and palm trees of the renowned Four Mile Beach.
Guests are welcomed into the expansive, tropical reception/foyer.
Amenities include a beautiful pool area and tropical gardens with barbecue and guest convenience facilities.

The high-quality, self-catering apartments are perfectly equipped for couples, friends, and families.
All this is within easy walking distance to Port Douglas restaurants, bars, cafes, and shops in Macrossan Street.

Call Alex Stagg today on 0406 856 710.