Port Douglas | 1-5 Barrier Street

SEA CHANGE TOWNHOUSE AND INCOME – URGENT SALE REQUIRED!

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 Alan Crossman 0419 793 434 alan@propertyshopportdouglas.com or Ritsuko Dickinson 0409 764 127 or email ritsuko@propertyshopportdouglas.com