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Management Rights Resort Complex in Cairns

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$1,722,000
Disclosed · AUD
Revenue (est.)
~$1,166,881
Estimated · comparable listings of this type and size
Net Profit
$272,700
Implied multiple
n/a
Price includes the property

Brief

  • Permanent Management Rights for a resort-style complex of 98 apartments, 47 in the letting pool
  • Manager's residence: 3 bedrooms, 2.5 bathrooms, large patio and garden
  • Caretaking salary component included
  • Manager not required to live on site

Management rights businesses in Queensland

All 152
Listed
152
+15 in 30 days
Median asking
$1.7M
105 priced
Earnings multiple
6.5×
90 listings
Time listed
33d
21 tracked
Price drops
4
in 30 days
Asking price spread105 of 152 state a price
This listing · $1.7M
13%
44%
33%
1%
$100K–$250KOver $5M

New South Wales 9 · Victoria 8

Cafes 259 · Takeaways 156 · General retail businesses 143 · Restaurants 116 · Automotive workshops 90 · Building and construction businesses 70