Aquire Half Partnership
Property ID:
web20
Property Details
| Authority | open | | Building Type | 3 Story Walk Up | | Garages | 60 | | Features | Swimming Pool, Separately owned and operated beachfront restaurant in the complex, Large Lagoon Pool, Two BBQ areas, Free Gym Membership, Wireless internet, Beachfront gate, Tour desk, Secured under covered car parking | | Pets Allowed? | No | | Reference | 20 |
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Management Rights Information
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$1.250.000,-
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$375,000
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Actual
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$84,882.00
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60
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53
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3
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2
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1
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15
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15
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15
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Managers Unit Features
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Yes
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Yes
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$650,000.00
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Yes
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3
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2
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1
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Air Conditioning;
Office attached on to the apartment;
Separate back office;
Big covered patio;
Spacious 3 bedroom 2 bathroom;
Luxury fully equipped kitchen;
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Property Description
Due to family circumstances the opportunity exist to acquire half the partnership of this outstanding beachfront Management Rights business located at Cairns favorite Trinity beach.
There's a total of 60 apartments in the complex with 53 in the letting pool with three different apartment types comprising two and three bedroom beachfront apartments, three bedroom townhouses and two bedroom ocean view and garden apartments. The two bedroom apartments can be separately locked to use them as one bedroom apartments.
The resort also has its own restaurant on the beachfront which is separately owned and operated.
The managers spacious three bedroom apartment provides comfortable accommodation for a family and is located adjacent to the office on the main entrance of the resort. This office is fitted out with all the plant such as PABX, computers (with the EzyRez reservation system) and printers and being close to the Esplanade it is highly visible to the passing traffic bringing in strong walk-in inquiries.
There is substantial cash flow to this flourishing and proven business. While major wholesalers, strong internet marketing and an excellent location provide consistent occupancy levels there still remains the opportunity for further growth.
Trinity Beach is located 15 kilometers from Cairns International Airport and the busy Cairns Business District. The property enjoys a perfect location with two street frontages, the first being a large beach frontage to Vasey Esplanade and the second frontage to Trinty Beach Road.
The beaches of Trinity Beach and Palm Cove are regarded as Cairns' major tourist playgrounds where visitors can access a wide variety of tourist activities including The Great Barrier Reef, Port Douglas, the Daintree Rainforest and the Atherton Tablelands.
Features
* Managers 3 bedroom ground floor apartment with back-office
* Reception attached on managers apartment
* Tour Desk
* Comfortably operated by a two person management team or extremely suitable for two couples in partnership
* Large lagoon pool
* 2 barbecue areas
* secured underground parking
* Wireless Internet
* Licensed beachfront restaurant
Car rental on site
Local bus-service at door
Agent Details