Prestigious Permanent MR business in a very popular precinct with solid income | Resort Brokers ID : MR007868
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(no street name provided), South Townsville QLD 4810

$1,200,000

HotelSize: n/a
Situated in the well-sought-after location of Palmer Street known as the city's south bank, this is a modern permanent lifestyle business with easy caretaking duties.

With 13 units in the letting pool and no set office hours in place, there is additional upside on offer with the inclusion of extra rentals currently being managed in the adjacent building.

Perfectly set up for first-time operators and a location that is hard to beat. This is an excellent permanent letting business, and inspection is a must.


- Strong net profit
- Sought-after location with water views
- Easily managed complex with systems in place for smooth transition
- Spacious 2-bedroom manager's residence
- Opportunity to increase the income/rental pool
- Very comfortably managed by husband and wife
- Property inspections are by appointment only

Inspections

No open inspections scheduled.

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Contact Des Fagg to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Hotel

Other Details

ResortBrokers®

Property history

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South Townsville suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
2,424
Listing ID: 181843696. This listing has been viewed 0 times. It was first displayed on 11/08/2023 and last updated on 19/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.