An excellent well established and well managed Port Douglas business
$ 1,695,000,-
Resort / Holiday management rights, Port Douglas qld
Tucked away in the heart of tropical North Queensland, this stunning Management Rights motel in Port Douglas is the kind of opportunity buyers dream about. With a reliable and consistent net profit of over $300K and brand new agreements expiring in 2047, it ticks every box for lifestyle and income. Located on the main road into Port Douglas, just a short distance from bustling Macrossan Street, this immaculate property captures the attention of tourists, corporate, families, and drive-in visitors alike. The entire complex is beautifully maintained and features 22 stylish motel-style one- and two-bedroom apartments, all tastefully decorated in a modern, uniform coastal theme.
Every apartment is included in the letting pool under a pooled income system, ensuring stress-free management and predictable revenue. Designed with comfort and relaxation in mind, each apartment is air-conditioned, equipped with ceiling fans, queen and single beds, well-appointed kitchenettes, and televisions. Daily serviced, they offer spacious layouts and everything guests need to feel at home. The free-form heated saltwater pool, spa, and undercover BBQ area provide a true holiday resort vibe, encouraging repeat bookings year-round.
A standout feature is the impressive managers residence a spacious two-bedroom apartment with high ceilings, enhancing the tropical airflow and overall ambiance. Large sliding doors lead from both the living room and master bedroom to a private courtyard, perfect for unwinding after a day of work or leisure. Theres even an additional area that could easily be converted into a third bedroom, office, or retreat. The attached large, fully fitted-out office is ideal for guest services, bookings, and operations. Adding further value is a commercial laundry, also on the managers title, providing practical onsite convenience.
There are no restrictions requiring you to live onsite, giving even more flexibility to suit your lifestyle. The property sits on a flat, easy-to-manage site with a covered porte-cochre at the entry and all-weather access to each apartment. The welcoming reception area makes a great first impression for arriving guests. Everything is set up for smooth operation, from the systems in place to the physical layout of the complex. This is what Management Rights should be, clean, consistent, well-run, and profitable. The opportunity to step into a thriving business and live in paradise doesnt come along often. Whether youre looking to make a sea change, build your income, or secure your future, this Port Douglas gem delivers on every front.
More Information
- Total Purchase Price: $ 1,695,000,-
- Net Income: $ 300,235
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 440,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?