MAJOR PRICE REDUCTION! Priced to sell.

ID #web10

Property details

Authorityopen
Building Type3 Story Walk Up
Carports20
Garages3
Features Swimming pool, Guest change/shower rooms, Undercover BBQ area, Free gym for guests, Mitsubishi Starwagon for transfers, Wireless internet , Austar
Pets Allowed?Yes
Reference1300

Management Rights Information

$875.000,-
$160,000
Actual
$45,550.00
20
19
0
0
0
25
23
19

Managers Unit Features

No
Yes
$340,000.00
No Set Hours
3
1
1
147 m2 Apartment with spacious office/reception (exclusive use) attached and lock up garage.

Consultant details

Enquiry Form

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This impressive complex comprises 20 spacious apartments located on the fringe of the Cairns CBD.

Vendors are motivated to sell after ten years and are willing to look at trade.

This is "The" Management Rights business the way they should be:

All the apartments have been in the holiday pool from the beginning.

No apartments have changed hands in 10 years. (Good unit owners)

Strong trading history.


The complex has a well deserved 4 star rating and since commencing operations in 1995, it has acquired an excellent reputation for its quality accommodation and is now firmly established within the Cairns and recently the Chinese tourism industry

Comprising 20 self contained and self catering holiday apartments situated in two walk up buildings, one of three floors and the other having two floors. The break-up of the 20 apartments is, the managers three bedroom residence with attached office and of the remaining 19 apartments, there are 5 one bedroom, 5 two bedroom (standard), 6 two bedroom (family), 2 three bedroom and 1 studio apartment.

The complex is very much a holiday oriented accommodation choice with a single purpose of providing a high standard of comfortable and splendidly presented accommodation with a high level of service and amenities.

The managers fully air conditioned apartment is situated adjacent to the office / reception and is a delightful open plan scheme with a large roomy kitchen and spacious tiled living areas.

The three bedrooms each feature built in wardrobes and are immaculately presented having been painted throughout recently in a restful ivory off white colour.

The convenience of the location of this complex needs to be mentioned as it enjoys a very central location some three streets back from the Cairns Esplanade with all it's attractions and a couple of minutes drive to the Cairns Central Shopping Center and all that implies.