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Management Rights Palm Cove Cairns Resort Managers Residence and Business Rights For Sale $2,100,000 Includes Managers Residence


Title: Management Rights Palm Cove Cairns Resort Managers Residence and Business Rights For Sale
Sale Price: $2,100,000 Includes Managers Residence
Net Profit: $250,213
List REF: 1126
Status: For Sale
Business Type: Accommodation : Resort Management Rights :
Location: Queensland Queensland


The Management Rights At Sanctuary Palm Cove Are Now Being Offered For Sale.

Full Description

Management rights features:

  • 5/5 Trip Advisor guest review rating with a  Certificate of Excellence for 2012, 2013 and 2014.
  • 23 Apartments across 3 acres. 2 x 3 level and 1 x 4 level all with lift access. 18 apartments in the letting pool.
  • No outside letting agents and 75% direct bookings and large volume of repeat guests.
  • Fixed rate schedule with no last minute discounts.
  • Winner Queensland Architecture Awards 2004 – Residential Buildings Multi-Residential Award
  • Far North Queensland House of the Year
  • Far North Queensland Regional Commendation
  • Winner 2007 and 2009 Cairns Regional Council Garden Awards – Accommodation 4 star plus
  • 25 year agreement with 20 years remaining.
  • Body Corporate Salary $43 953.00 incl GST
  • Body Corporate employs gardening contractors.
  • Located just 50m from Palm Cove Beach
  • Reliable contract cleaner in place.
  • New computer equipment with up to date software.
  • 2 x Golf Carts included (One new June 2014).
  • Net Profit $250,213 with an additional $22,204 of revenue neutral income.

Managers Residence

  • Three bedroom, two bathroom stand alone residence.
  • 431 sq m on title, including double garage, and linen room and office.
  • Private pool and exclusive use garden area.
  • Tropical Dining area with Bi fold doors and large covered deck area.
  • Airconditioned and ceiling fans
  • Small pet OK
  • Large reception office and tour desk with views out to the Coral Sea.

Bizaus is dedicated to providing the best outcome for the buyer and the seller! Call 0417 113 473 for more details or complete the form.

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