For Sale are the Management Rights to Port Douglas Plantation Resort, Freehold Office and Manager’s Residence. The asking price for both the Home and Business is $1,150,000.
The Management Rights include a Caretaker Salary of approximately $110,000 (plus GST) per annum providing a steady income for that peace of mind as well as a healthy income derived from the Letting Pool.
The Letting Pool operates both permanent and holiday rentals which are equally in high demand, the ability to diversify between holiday and long term rental enables the managers to maximise their income all year round.
An established Licensed Café and Bar is also included in the Management Rights sale.
The Plantation Resort Poolside Café and Bar is located onsite and is a popular venue attracting both visitors and locals alike. Live music is a regular feature which provides a strong identity for the venue. The regular local patronage also provides a stable and viable ancillary business all year round as well as another income stream for the managers.
The Manager’s Residence, which is included in the sales price comprises a 3 bedroom home with substantial private yard and private pool and a 1 bedroom apartment with courtyard. The property can also be presented as a four bedroom home due to it’s flexible design and layout. There is an opportunity to live in one and rent out the other as an extra source of income.
This is an amazing opportunity to own your own home and established business in Paradise!
For more information call Chris McMullen on 0406 807 259.
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|R&H Suburb Summary||Houses|
|Number of sales||104|
|Median Rental Price||$648 p.w.|
|Change in Rental Rate (5yr)||44 %|
|R&H Suburb Summary||Units|
|Number of sales||344|
|Median Rental Price||$350 p.w.|
|Change in Rental Rate (5yr)||4 %|