Resort / Holiday management rights, Cairns City QLD
Owner decides to retire after 9 years.
Award winning holiday resort in the CBD of Cairns.
City terraces has no outside agents, rates highly with holiday guests, has consistent government and corporate clientele providing you with consistent income most of the year and happy owners.
It is an easy business to run with streamlined systems, excellent staff, the latest RESLY reservations software and an impressive managers apartment.
A new manager will enjoy the convenience of an easy walk to shops, gyms, cafes and the waterfront.
It is just two blocks from Cairns Central Shopping Center and one block form Munro Martin park and the Cairns performing Arts Center.
-No set office hours
-New caretaking agreements
-22 years of letting agreements
-Well maintained walk-up holiday/short stay apartment complex in Cairns City
-Easy to run complex with CPI indexed BC salary and supportive committee
-Verified, Net profit of $424,071 (Nov 2025) with good potential to increase
-Well maintained 4 start, 1 – 2 bedroom apartments
-29 apartments in the letting pool and 4 owner occupiers (no outside agents or tenants!)
-Immaculate managers two bedroom apartment, 1 car apartment, plus separate reception and back office area
-Excellent systems to ensure efficient housekeeping with linen cupboards and storage on title
