One of North Queensland\u2019s premier boutique hotels has put its management rights up for sale with price expectations of up to $6 million for the high-performing property.<\/p>\n
[ View this Port Douglas Management-Rights<\/a> ]<\/strong><\/p>\n The Port Douglas Peninsula Boutique Hotel, an adults-only retreat on the beachfront at Four Mile Beach, generates an outstanding net annual income of more than a million dollars through its luxury suites and popular restaurant.<\/p>\n With 33 newly decorated one-bedroom suites featuring beautifully furnished interiors with magnificent ocean and pool views from private balconies, the Peninsula Boutique Hotel boasts a high occupancy rate of 80 percent.<\/p>\n ResortBrokers Australia North Queensland specialist Chenoa Daniel says the exclusive listing is the \u201cperfect\u201d combination of an outstanding business and idyllic lifestyle.<\/p>\n \u201cThe Peninsula is the epitome of luxury which is beachfront and is quite simply one of the best properties in Port Douglas,\u201d Daniel said.<\/p>\n \u201cIt\u2019s the perfect opportunity for a savvy investor – a business which is generating great returns while offering the chance to live in one of the most enviable places in Australia.\u201d<\/p>\n Management rights typically include the ability for an on-site manager to earn fees from letting out apartments and managing day-to-day services like checking in guests.<\/p>\n The management rights package for Port Douglas Peninsula Boutique Hotel comprises a 23-year letting and caretaking agreement. The value of a management rights business is generally calculated by applying a multiplier to its annual profit.<\/p>\n The property was voted number four in the 2019 Travellers\u2019 Choice Top Hotels Award with TripAdvisor for the whole of Australia.<\/p>\n The Hi Tide Cafe-Bar-Restaurant is the only licensed restaurant in Port Douglas that overlooks the famed Four Mile Beach. It also complements the hotel operation, offering guests in-room and poolside dining options.<\/p>\n Port Douglas is a major destination within the Tropical North Queensland tourism region which, according to the latest figures, attracted total visitation of 2.9 million (YE Sept 2018), including 2.0 million domestic visitors (+14.9%) and 860,000 international visitors.<\/p>\n","protected":false},"excerpt":{"rendered":" One of North Queensland\u2019s premier boutique hotels has put its management rights up for sale with price expectations of up to $6 million for the high-performing property. [ View this Port Douglas Management-Rights ] The Port Douglas Peninsula Boutique Hotel, an adults-only retreat on the beachfront at Four Mile Beach, generates an outstanding net annual income of more than a million dollars through its luxury suites and popular restaurant. With 33 newly decorated one-bedroom suites featuring beautifully furnished interiors with magnificent ocean and pool views from private balconies, the Peninsula Boutique Hotel boasts a high occupancy rate of 80 percent. ResortBrokers Australia North Queensland specialistRead More →<\/a><\/p>\n","protected":false},"author":1203,"featured_media":1329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/posts\/1328"}],"collection":[{"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/users\/1203"}],"replies":[{"embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/comments?post=1328"}],"version-history":[{"count":5,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/posts\/1328\/revisions"}],"predecessor-version":[{"id":1342,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/posts\/1328\/revisions\/1342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/media\/1329"}],"wp:attachment":[{"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/media?parent=1328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/categories?post=1328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/tags?post=1328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}