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DealProspect/Listings/Hospitality & Tourism

Waterfront Management Rights, Cairns North

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$1,650,000
Disclosed · AUD
Revenue (est.)
~$1,332,988
Estimated · comparable listings of this type and size
Net Profit
$332,314
Implied multiple
5.0×
asking / earnings
Brief
  • Waterfront location walking distance to Cairns Marina, CBD dining, the aquarium and hospital
  • Less than five minutes from the airport
  • Low-maintenance operation with no set office hours
  • Ground-floor manager's residence with office and storage on title
  • No onsite residency requirement, allowing remote operation