ONE OF THE VERY BEST PROPERTIES IN CAIRNS WITH A HIGH OCCUPANCY AND HIGH RETURNS

Positioned perfectly opposite Cairns Hospital, this outstanding management rights
business presents a rare lifestyle and income opportunity. Included in the package is
a well maintained two-bedroom apartment, with a functional office attached. The
two bed room apartment features a nice layout, with modern kitchen. Located within
the complex, the business boasts consistently high occupancy rates, driven by its
unbeatable location , loyal clientele and corporate booking agents.
A large portion of guests are healthcare professionals, doctors, nurses, and locum
staff who value the convenience, comfort, and reliability of the accommodation. The
complex is quiet, secure, and professionally maintained, making it highly appealing
for long and short stays alike. Currently, the complex is being run with contracted
onsite managers, providing a true hands-off investment with room to increase returns
for an owner-operator. With systems in place, strong reputation and consistent high
returns, the transition for a new owner would be seamless.

The letting pool includes well-kept, fully furnished apartments that require minimal
ongoing effort to manage. There is also an established booking system and repeat
business year-round, removing the need for aggressive marketing. Whether you are
looking to step into a stress-free income stream or take over operations yourself and
increase profit margins, the potential here is undeniable. The office allows for easy
administration without interfering with personal living space. This is an ideal
opportunity for those seeking a well-located business with a strong, reliable client
base and the option to be as hands-on or hands-off as you choose.

Property Details

AUTHORITY:
open
BUILDING TYPE:
2 Story Walk Up
FEATURES:
Secured undercover parking, 2 pools, BBQ, Wireless internet
PETS ALLOWED?
Yes

Management Rights Information

$2400000

PRICE

$515,000

Net Profit

ACTUAL

Calc. Type

$115,406

renumeration

Total Number of Units in Complex: 40
Units in Letting Pool: 26
Units Owner Occupied: 6
Units Let by Outside Agents: 6
Number of Lockup Units: 1
MR Agreement Term: 25
Agreement Term Remaining: 23
Age of Complex: 13

Manager Unit Feature

Office on Title:
Yes
Office Attached to Unit:
Yes

Value of Manager’s Realestate ($AUD):

$380,000.00

Bedrooms in Manager’s Unit:

2

Bathrooms in Manager’s Unit:

1
Carspaces with Manager’s Unit:
2

Additional Manager’s Unit Features:

Convenient ground floor managers unit with the office/reception attached.

Consultant Details

Frank van der Heijden

PHONE:

(07) 4056 6366

MOBILE:

0407 137 186

Enquiry Form

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