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Under Contract

Mixed Letting - Palm Cove - ID 8325

$1,350,000

1 m2

UNDER CONTRACT
North Queensland Management Rights For Sale
400 meters from Palm Cove Beach, with Excellent BC Salary

- Guaranteed BC Salary of $63,780 plus GST, annual net profit of $252,637
- 11 units in holiday letting pool, happy owners all on board
- Well maintained gardens and pool, most units have own pool
- Expansive 3-bedroom managers double story villa residence
- Large office, reception, and tour desk on title
- Supportive committee and owners
- Resort style pool and BBQ area, with wi-fi and cable TV
- Extensively refurbished recently, and ready to reap the rewards of letting
- 500m from all shopping, medical services and 45 minute drive to International Airport
- Further 5-year top up to 2044

Ideal for an active couple wishing to escape the cold southern states and looking to either maintain the letting pool or possibly take the property into its next phase of development, by tacking another adjoining property to the letting pool.

The nearby Palm Cove beachfront location is perfect, the residence expansive and comfortable, the complex is compact, and the lifestyle is a relaxed resort feel.

You cannot go wrong with this management rights, located 500m from Australia's world-famous Palm Cove Esplanade.

Net Profit: $252,637
Asking Price: $1,350,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this North Queensland management rights business for sale contact:

Management Rights Broker
Antonio Curulli

Price $1,350,000
Location Palm Cove
Property ID 8325

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