Saturday, April 21, 2012

Driftwood Mantaray

Driftwood Mantaray (ASSOB: DML) is a management rights business. The Company derives revenue through the collection of fees, which originate from rental activities at the Driftwood Mantaray complex in Port Douglas. 

Additional revenue will be derived from the sale of tours to guests, maintenance on apartments, caretaker responsibilities for which a set yearly salary is paid, as well as a percentage mark up on upgrades and refurbishments carried out on apartments over time.

Driftwood Mantaray is a 4 star property in one of the best locations within Port Douglas. It offers fully furnished and self contained two and three bedroom apartments to holiday makers; families, couples and solo travellers who looking for an alternative to traditional holiday accommodation while exploring the area. A tour desk is also on site, offering the vast majority of tours available in this region. 

For more information please email BlueMount Capital

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