NOW PRICED $950,000

Are you looking for a Sea Change and Income? This could be the perfect solution. Purchase the Management Rights at Ti Tree Resort, and a lovely 4 bedroom Townhouse....

The Ti-Tree Resort is very well-established resort complex, in the tourism destination of Port Douglas, offering a great opportunity for a talented manager.

Port Douglas is a tourism destination, with unique access to the ancient rainforest in Daintree, and snorkelling with turtles and dolphins in the Great Barrier Reef. Are you looking for a sea change to take this profitable business on board and to enjoy lifestyle in paradise? The current Managers have commitments elsewhere and as such this is a MUST-SELL.

The price includes a very spacious large Manager's Townhouse, with the rare 4 bedroom configuration with 2 bathrooms and another bedroom attached to the office.

The office is large with a lounge area to welcome all guests. The manager's residence has been nicely renovated and updated, so you don't need to do anything, and this would suit a family planning a lifestyle move.

WHAT WE LOVE:
- Excellent 4 bedroom residence and Reception area + one bedroom upstairs
- Complex includes a huge swimming pool with a spa, the tennis court and barbecue facilities.
- No requirement to live on-site
- Only a few minutes away to famous Four Mile Beach
- Local shops i.e. the bottle shop, the F&C shops are located across the street.
- 21 years remaining
- Manager's residence is valued at $590,000 (as of Jan 2024)
- Net return (2022/year ended 30th September 2023) $160,368
- Multiplier ONLY x 2.25
- Scope for improvement. Real value here!

If this opportunity appeals to you and need more details, please contact Property Shop Commercial Sales agent Ritsuko Dickinson 0409 764 127 or email [email protected]