Management Rights Resort Complex in Cairns

Management Rights Resort Complex in Cairns — Hospitality & Tourism · Cairns, Queensland · Asking $1,722,000 · Net Profit $272,700

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

DealProspect/Listings/Hospitality & Tourism

Management Rights Resort Complex in Cairns

Management Rights

ActiveHospitality & TourismQueenslandB2C

Find funding for this deal →View original listing ↗

Asking price

$1,722,000

Disclosed · AUD

Revenue (est.)

~$747,533

Estimated · comparable listings of this type and size · typically within ±35%

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

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Listed

+1 in 30 days

Median asking

$870K

15 priced

Earnings multiple

2.9×

38 listings

Asking price spread15 of 21 state a price

This listing · $1.7M

40%

$100K–$250K$2.5M–$5M

Australia 26

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