About the Business

If youve been considering your first step into management rights, this opportunity deserves your attention. The Cairns Reef Apartments & Motel offers an affordable, proven, and easy-to-understand entry into the sector, with strong income and manageable operations.



Offered at $645,000, the business delivers an impressive 42% return on investment, providing immediate cash flow and financial confidence for new buyers. Importantly, the multiplier is only 2.4x, well below typical market levels, reducing risk and making this an excellent value entry point for first-time operators.



A major advantage for new management rights buyers is the low real estate buy-in. The managers residence is priced at just $195,000 and comprises a one-bedroom, one-bathroom apartment with an adjacent office. This provides comfortable on-site living and direct control over the business, without the high capital commitment often associated with management rights purchases. Worthy of note, is that there is another manager's unit also available to purchase if and when required at $395,000 and manager is not required to live onsite. Net profit is $188,951.



Call Calvin Bailey today 0414889593