The Best Western Lazy Lizard Inn, Is part of the Best Western Family of Quality Motor Inns Worldwide. It is an exceptionally well presented Motel that was Strata Titled in 1996 & has proven to be a very succesful business.

The Beauty of this complex, is that it can offer a totally protected letting pool, as Council Zoning will not permit owner occupiers or permanent rentals. With the majority of Port Douglas Accommodation having a minimum stay policy, this is one of the very few properties that will cater for One Night Stays.

This would have to be one of the better managers apartment’s available on the market today in Port Douglas. It’s a light bright & spacious two bedroom unit with two courtyards, the master bedroom opens out onto a private paved courtyard, with the lounge onto a grassed fenced yard which would be perfect for a young family. Access to the Reception/office is via the lounge room, which is private & not able to seen from the reception. The reception itself is large, bright & very welcoming, with a vast range of day tours available.

Adjacent to the office is a large breezeway, with access to the commercial kitchen & laundry, both of which are on title. The kitchen is used to prepare the Continental Breakfasts which are included in the nightly rate, Bernie & Lesley estimate that it takes at most 30 minutes, (usually though around 10 to 15 minutes), to prepare & deliver the trays in the evening. The kitchen is fully equipped offering a new Management Team the option of being able to offer Evening meals or Full Breakfasts.

Only the bed linen is hired, with the bath linen being owned, washed & folded on site using the commercial equipment, it has proven to be well worth the investment!

The Units, 22 Bright & Spacious Studios in Family, King & Queen Combination. All units have kitchenettes, & private facilites. Perfect for just a night or a week!

Body Corporate Salary: $38,630 + GST (increased yearly in line with CPI)

Module: Accommodation with 25 Year Term

Agreement to run: 22 years

Age of Building: 21 Years

Type of Building: Ground level.

Total number of units: 23

Holiday Pool: 22

Permanents: 0

Outside Agents: 0

Owner Occupier: 0

Manager’s Apartment: Spacious 2 Bedroom Unit with private courtyards

Commercial Laundry/Kitchen on Title.

Office: On Title

Storage: On Title

Trust Accounting Software: Hirum

NET INCOME: $198,000, (Verified)

UNIT PRICE: $360,000, (Written Valuation)

BUSINESS PRICE: $800,000,

TOTAL ASKING PRICE: $1,160,000 plus SAV

Every care has been taken to verify the accuracy of the information contained in this document, but no warranty (either express or implied), is given by the agent as to the accuracy of its contents. Proposed purchasers should conduct their own investigations into all matters relating to the proposed purchase of the management rights business.