WATERFRONT APARTEMTNS 233 THE ESPLANADE, CAIRNS QLD
25% ROI Including Unit
Off Market hotels are pleased to present Waterfront Terraces Cairns Esplanade. Waterfront Terraces presents as a worthy contender with location, high occupancy and liveability as the main assets. Occupancy averages at over 75% all year round, with strong corporate and domestic guests. The opening of borders allows for an astute operator to capitalise on a new wave of guests and holiday makers. Net income is over $300,000 and with unit available for $350,000, this represents a 25%+ ROI for business.
The Esplanade Cairns allows for guests to have access to stunning views and a desired location whilst on holidays.
The property is easily managed with the ability for an operator to live off-site. The two bedroom managers residence is well appointed and very private. The property has manicured gardens and grassed areas, in-ground swimming pool, under cover off street parking, wi-fi, solar and security gates and cameras.
For all enquiries, please call Shane Mullins 0447 185 001.
- Nett profit over $300,000
- Two-Bedroom managers residence, well appointed $350,000
- Multiplier times
- Secured property with all the trimmings
- Prominent location over-looking Cairns Inlet and Esplanade
- BC Salary $75,276
- Long agreements 19 years
- No set office hours with office on title
|Price:||$1,595,000 (including unit $350,000)|
|City:||233 THE ESPLANADE, CAIRNS|