Please refer to Reference No: MR1437

Management Rights

Managers Unit: n/a

Extensive Freehold component includes multiple service rooms, reception, huge back offices plus 1500m2 of commercial zoned area ready for redevelopment. Must be viewed to appreciate the opportunity here.

Financial Snapshot

• Business Value: $1,500,000
• Body Corporate Salary: $160,000
• Salary Review: CPI annually

Complex Information

• Star Rating: 3.5 Star
•    Apartments in Letting Pool: 143
•    Holiday Letting: 58
•    Permanent Letting: 85
•    Owner Occupied: 8
•    Outside Agent: 32
•    Lockup: 18
• Agreement Module: Accomodation
• Agreement Term: 25 years
• Agreement Term Remaining: 24 years

Full Description:

Monty Van Dyk and Kapitol Brokers are proud to offer for sale this Internationally branded resort on the gateway into Cairns.
One of the largest in the region totalling 202 keys with 143 keys under management and increasing each month.
Very well established resort with a unique commercial opportunity comprising 1500m2 of commercial zoned freehold property ready for redeveloping to suit your operation.
Business has strong recognition and would suit a hands on operator or partnership.

For more information contact Exclusive agent Monty Van Dyk direct on 0413 770 636

Summary:
202 room resort
140 keys under management
1500m2 commercial freehold property plus more
massive earning potential
for sale at $2,600,000

visit www.kapitiolbrokers.com.au

Sustainability Declaration if relevant to this listing can be supplied upon request, contact marketing agent.