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)
