PALM BEACH QLD 4221
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- 17 Oct 2016
You cannot get closer to the beach and the Vendor has reduced the price for the
You cannot get closer to the beach and the Vendor has reduced the price for the lucky buyer!!
Location!! Location!! - The beach is just a step away. A lovely 3.5 Star property which fronts onto Palm Beach.
Beachfront accommodation offering a choice of 2 and 3 bedroom oceanfront apartments. All units have full kitchens with dishwasher and microwave as well as a separate laundry, ceiling fans in every room and en-suites to the master bedroom.
The friendly resort offers a security building and underground car parking, large swimming pool and heated spa, 1/2 tennis court, barbeque area and of course a long white sandy beach out front.
Ideal for the beginner who wants a quality business. Can be run mostly by one person except at peak times. Currently has a Body Corporate Salary of over $50,000 & returns $81,239 per year. Business has potential to improve. They have just added another unit to the letting pool so profits should increase!
PABX & secure parking
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information