CAPTIVATING CAIRNS - TOP CHOICE SHORT-STAY MANAGEMENT RIGHTS WITH NET $462K+

This is a superb opportunity for a short-stay operator to acquire a profitable, easy to run short-stay management rights complex located in a prime spot of Cairns with 48 units / 61 keys. Brand new 25 year agreements provide excellent security for incoming managers, and there are no set office hours. 201 Lake Street has strong historical performance and given the handy location, attracts both corporate and leisure guests looking for central, modern accommodation. Plenty of opportunity for a hands-on operator to grow the bottom line. Whilst there is a manager's two bedroom unit to acquire with the business, the new agreements don't require managers to live onsite.