Massive Freehold Opportunity

The first business mined hands-on operator or investor with, of course, the financial capabilities will take this one on.

Palm Cover Hotel for Sale

This absolute Beachfront fully Refurbished Freehold Hotel in Palm Cove is for Sale.

Biggest Permanent in Cairns

- CAIRNS -

Net Profit $300,000
Price $1,590,000

• Remuneration $175,000
• Total units in complex: 158
• Units in Pool: 90
• Permanent letting
• Agreement term: 25 years
• Agreement term remaining: 22 years
• 2 bedroom, 2 bathroom manager’s apartment
• Office on title attached to manager’s unit
• Manager’s Real Estate: $290,000

One of Cairns best ranking resort by booking.com

- CAIRNS -

Net Profit $230,000
Price $1,315,000

• Remuneration $42,693
• Total units in complex: 20 (including Managers)
• Units in Pool: 19
• Holiday letting
• Agreement term: 25 years
• Agreement term remaining: 22 years
• 3 bedroom, 1 bathroom manager’s apartment
• Office (exclusive use) attached to manager’s unit
• Manager’s Real Estate: $395,000

Priced below market price - Vendor wants to go

- CAIRNS -

Net Profit $194,985
Price $850,000

• Remuneration $31,119
• Total units in complex: 26 (including manager’s)
• Units in Pool: 25
• Holiday Letting
• Agreement term: 25 years
• Agreement term remaining: 17 years
• 3 bedroom, 2 bathroom manager’s apartment
• Office on title attached to manager’s unit
• Manager’s Real Estate: $250,000

Motivated vendor – will meet the market

Net Profit $240,150
- Plus additional $25,000 rental & $10,000 gardening

Price $1,295,000

• Remuneration $56,411
• Total units in complex: 39
• Units in Pool: 21
• Holiday/Corporate letting
• Agreement term: 25 years
• Agreement term remaining: 14 + 5 years
• 2 bedroom, 2 bathroom dual key manager’s apartment
• Office on title attached to manager’s unit
• Manager’s Real Estate: $340,000

Solid Operating Corporate Beach Front Beauty

- MACKAY -

Net Profit $516,500
Price $3,900,000

• Remuneration $69,396
• Total units in complex: 38 (including manager’s)
• Units in Pool: 37
• Corporate letting
• Agreement term remaining: 15 + 5 years
• 2 bedroom, 1 bathroom manager’s apartment
• Office on title attached to manager’s unit
• Manager’s Real Estate: $1,317,120 (incl. Apartment above reception, office, reception, restaurant, function centre, freestanding 2 bedroom villa)

Palm Cove Resort Complex

- PALM COVE -

Net Profit $210,500
Price $1,298,500

• Remuneration $54,712
• Total units in complex: 37 (including manager’s)
• Units in Pool: 27
• Holiday/Permanent letting
• Agreement term: 25 years
• Agreement term remaining: 17 years
• 3 bedroom, 2 bathroom manager’s apartment with private pool
• Office on title attached to manager’s unit
• Manager’s Real Estate: $435,000

A Class of its own In Port Douglas

- PORT DOUGLAS -

Net Profit $325,000
Price $2,100,000

• Remuneration $75,060
• Total units in complex: 17 (including manager’s)
• Units in Pool: 14
• Holiday Letting
• Agreement term: 25 years
• Agreement term remaining: 14 + 5 years
• 3 bedroom, 1 bathroom manager’s apartment
• Office (exclusive use) not attached to manager’s unit
• Manager’s Real Estate: $500,000

Permanent lifestyle resort in Trinity Beach

- TRINITY BEACH -

Net Profit $63,000
Price $595,000

• Remuneration $40,644
• Total units in complex: 32 (including manager’s)
• Units in Pool: 18
• Permanent letting
• Agreement term: 25 years
• Agreement term remaining : 17 years
• 3 bedroom, 2 bathroom manager’s apartment
• Office on title attached to manager’s unit
• Manager’s Real Estate: $350,000

10 tips for buying off-the-plan

There are a number of reasons why people want to buy management rights off-the-plan.

Tips: Selling Motels

The sale process of a motel can be either a successful one or a complete disaster depending on how the matter is managed from the start to end.

Tips: Training

The resident letting agent licence is the most common licence as it allows you to rent out managed units as well as operate a trust account. The restrictions with this licence are that you must reside full time in the complex you manage. The principal place of business must be located in the complex you are letting.

Tips: Purchasing Management Rights

People choose to invest in management rights for any number of reasons. These include investment return, lifestyle improvement and the alignment of home and business. The returns from management rights businesses are very identifiable, which gives many purchasers new to the industry peace of mind that cannot be found in many business environments.