MANAGEMENT RIGHTS - Mowbray by the Sea Holiday Apartments, Port Douglas QLD - 1P0339

Port Douglas QLD
Asking Price Management Rights - $1,900,000

Mowbray by the Sea Holiday Apartments, Port Douglas



Brilliant corner location in Port Douglas, less than approx. 100m from the famous 4-mile beach.

All 16 apartments are in the letting pool. Good relationships with the Body Corp and individual owners assure a very sound and smart investment here.

Ongoing unit refurbishments see this well established and family oriented accommodation in good stead to take to the next level.

Whilst no pets are allowed in the units, the manager can have pets and current owners have 2 dogs, so you can bring your fur or feathered friends with you.

Very reasonable office hours allowing you a great lifestyle in a very sought after location.


17 x year agreement with opportunity to increase the amount of years on the agreement, 16 out of 16 units in the letting pool, great location, easily accessible corner site, large 2 bedroom 2 bathroom managers apartment, recently refurbished, only 100m from the famous 4 mile beach, strong and growing returns in a very sought after part of Australia, opportunity for further income through separate Air BNB agreements.  
Key Features:

*  Body corporate levies-approx. $2,800 per quarter
*  Short walk to restaurants
*  Approx. half of the apartments have been refurbished
*  Minimal gardening maintenance needed
*  Managers allowed pets
*  17 years left on agreement
*  Well-appointed units
*  23 x metre heated swimming pool
*  2 bedroom, 2 bathroom manager`s residence
*  Open plan living with full kitchen and dining
*  Spacious private balcony
*  Approx. 100 meters from the white sands of beautiful Four Mile Beach
*  Easy walk to Port Douglas' main hub Macrossan Street

LOCATION: Port Douglas, QLD

Just an hour's drive north from Cairns to Port Douglas, and you'll find a unique melting pot. This tropical town mixes laid-back lifestyle with exhilarating adventure; luxury experiences with an earthy, welcoming atmosphere; and it's a stone's throw from where two World Heritage-listed areas collide.
Wildlife encounters, wellness treatments, lush landscapes, and opportunities for adventure are all at your fingertips each with their own way of nourishing your soul.

Offering great returns and strong opportunity for growth in a growing holiday destination.

Contact Alex Stagg at MHB direct on xxxxx to discuss this fantastic opportunity.
Ref Num: 1P0339
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