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Address available on request Palm Beach, QLD 4221

Address available on request,
Palm Beach, QLD 4221

Hotel, Motel & Leisure

Price information

Sale

$1,629,000

Key property information

Floor area

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to arrange a private inspection.

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Exclusive - Palm Beach Management Rights - ID 8546

  • Mixed Letting Opportunity
  • Great Palm Beach Location
  • No Set Office Hours
Management Rights For Sale
Mix of Holiday & Permanent Letting

- Mid rise complex of 28 apartments

- 9 holiday and 8 permanents in the letting pool

- 25 year Accommodation Module agreement with 20 years remaining

- Easy to manage complex, currently run by one person

- Body Corporate salary over $69,000

- Resort style facilities

- New lift upgrade

- One block back from patrolled beach

- Office Exclusive Use – no set office hours

- Spacious, 2 bedroom, 2 bathroom manager’s residence

Palm Beach on the Gold Coast has undergone a remarkable surge in popularity and growth, transforming from a quiet suburb into a vibrant coastal community. Its stunning coastline, renowned for its pristine beaches and excellent surf, has attracted visitors and residents alike. With an increase in residential development and a wealth of amenities, including great cafes and dining options, Palm Beach has become a desirable destination for both living and vacationing. Its strategic location between Surfers Paradise and Coolangatta further enhances its appeal, ensuring easy access to major attractions and transportation routes. A sought-after destination for those seeking the perfect blend of coastal living and urban convenience.

Net Profit: $162,000
Asking Price: $1,629,000
(Inclusive of Manager’s Real Estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Exclusive Management Rights Broker
Phil Trimble

Property Code: 783

Property ID: 504578804Last Updated: 30 Apr 2024

04184789...
realcommercial.com.au logo
Address available on request
Palm Beach, QLD 4221
Management Rights Sales - QLD & NSW
170 Scarborough Street
SOUTHPORT, QLD 4215
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