PALM COVE QLD 4879
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- 14 Nov 2016
Unique Management Rights Opportunity in the Heart of Palm Cove
With plenty of sunshine, warm seas, refreshing breezes and a warm climate all year round, Palm Cove's weather is hard to beat. That is why people from all over the world flock to this magical location to enjoy world class and award winning restaurants, attractions and beaches.
Behind the fringe of palm trees, nestled among a rainforest setting is Palm Cove Tropic Apartments. With 21 self-contained, 4 diamond 1 and 2 bedroom holiday apartments, guests enjoy king-sized beds, kitchen, laundry facilities, flat screen LCD TV's and spacious balconies.
The Complex was built in 1998, and boasts well-established tropical landscaped gardens, free-form swimming pool (heated in winter), sun decks, covered BBQ and dining area.
The Managers residence is a huge, fully-airconditioned 4 bedroom free standing house with 2 bathrooms, private fenced garden, large outdoor living area, spacious kitchen, lounge and dining. There is also 5 storage rooms, as well as a free standing office on title that is currently sub-leased as a Day Spa to guests.
There is no doubt that this complex is outstanding in every regard. With a net profit in excess of $200,000 (excluding rent from Day Spa), this resort is ideal for a couple or family looking for a lifestyle or sea change.
For more information, or to arrange an inspection, please contact Kirsten Lowis on 0488 900 619.
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