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Possibly the Best Management Rights Deal Ever

$645,000

Resort / Holiday management rights, Woree QLD

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.

The operation is well established and straightforward to manage, making it ideal for buyers without prior management rights experience. Systems are in place, the scale is manageable, and staffing requirements are reasonable, allowing owner-operators to learn the business without being overwhelmed. The business is currently trading well and benefits from Cairns consistent tourism demand, including reef visitors, holidaymakers, and corporate guests.
Cairns is a proven accommodation market with year-round demand, offering stability and confidence for new entrants. The motels location and established reputation support repeat bookings and steady occupancy, helping smooth seasonal fluctuations.
For buyers seeking lifestyle balance, this business offers the ability to live on site, eliminate commuting, and operate a business that does not require excessive hours or complex administration. It is an ideal platform to build experience, grow confidence, and establish a long-term presence in the management rights industry.

With a total purchase price of $645,000, 42% ROI, real estate at just $195,000, and a very low 2.4x multiplier, this represents one of the most compelling first-time management rights opportunities currently available in Cairns.
Inspection is highly recommended. Affordable, high-return entry-level management rights opportunities of this quality are increasingly rare.
Simply put, this is a high-yield management rights business at an entry level price, located in one of Queenslands most resilient tourism destinations.
this management rights business represents a compelling combination of affordability, income, and lifestyle. Opportunities at this price point with such a favourable multiplier are increasingly rare in the Cairns market.

This is an ideal acquisition for owner-operators seeking a profitable business with genuine upside, or for investors looking to enter the management rights sector at a sensible and sustainable level.
Other advantages include:
Budget friendly well managed stable business with attractive easily maintained grounds.
Great flexibility of room type. The fifteen apartments in the letting pool are dual key, providing 30 keys.
Good wholesaler networks in place and high volume of longer term corporate clients.
Located on the Bruce Highway, this excellent, well built property was opened in the 1990s and comprises 3 buildings, a salt water pool, tennis court, secure parking, also complemented by shady gazebo and BBQ area.
Managers pet is okay.
Motivated vendors of seventeen years, are ready to retire, indicating potential for a timely sale.
Opportunities abound in this property which is currently showing 42% plus return on the business Investment and a low market business multiplier of 2.6 x the net profit.
Long accommodation agreement originally 25 years with 24 years remaining, providing tenure certainty for ongoing operations.
Manager remuneration / body corporate salary $70,517 including GST with CPI annual review.
Inspection is highly recommended. Opportunities offering this level of value, return, and entry affordability do not last long.
Contact Calvin today for further information and to arrange your inspection.

More Information

Financial Overview

  • Total Purchase Price: $645,000
  • Net Income: $ 188,951 (actual)
    This is the combined total income acheived by the business after expenses, before tax.
  • Included Real Estate: $ 195,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Multiplier: 2.4
    Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.

Letting Business

  • Letting Pool: 15
    Number of units the manager is authorised to manage.
  • Owner Occupiers: 13
    Number of units resided in by their owners.
  • Lock Ups: 0
    Number of units owners are not renting out, but also do not live in.
  • Outside Agents: 0
    Number of units being rented by other agents (these could potentially be acquired by the manager).
  • Units In Complex: 28
    The total number of units within the complex.
  • Caretaking

  • Remuneration: $ 70,517
    This is the body corporate caretaker salary. It is included in the Net Income above.
  • Agreement Term: 25 years
    How long is the caretaking contract.
  • Agreement Remaining: 24 years
    How long remains on the caretaking contract before it must be renewed?
  • Agreement Age: 0 years
    How long has the management rights existed.
  • Office Hours: 9.00 - 5.30 Mon - Fri, 9.00 - 3.00 Sat/Sun
    Required Office Hours
  • Complex Features: Salt water pool, BBQ area, Free WiFi, tour desk, undercover parking, tennis court, E-scooters.
  • Real Estate Component

  • Manager's Unit:   1 1
  • Included Real Estate: $ 195,000
    The value of on-title property included with the business. Its price is included in the Total Purchase Price.
  • Manager's Car Spaces: 1
  • Office On Title: 1
    Is there a manager's office included on the title?
  • Pets: Yes
    Can the manager own a pet on site?
  • Unit Features: Managers apartment is a 1 bedroom 1 bathroom lower floor unit with kitchen and living area. Also included is the adjacent office.
  • Listing Agent Contact Details

    %2Fusers%2Flogo_754913%2F1.jpg Click here to view full profile for: Calvin Bailey Management Rights

    Portrait

    Calvin Bailey

    Office : 0414 889 ...
    Mobile : 0414889...

    Calvin Bailey Management Rights

    http://www.calvinbaileymanagementrights.com.au


    Send an Email:

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    • Property ID: 21157105
    • Broker's Ref: C0395
    • =754913
    • Last Update: 23 hours ago.
    • Listing Type: Resort / Holiday
    • Price: $645,000
    • Woree, QLD

    Agent Details

    %2Fusers%2Flogo_754913%2F1.jpg Click here to view full profile for: Calvin Bailey Management Rights

    Portrait

    Calvin Bailey

    Office : 0414 889 ...
    Mobile : 0414889...

    Calvin Bailey Management Rights

    http://www.calvinbaileymanagementrights.com.au


    Send an Email:


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