Palm Beach Mix of Holiday and Permanent Letting - ID 8546

$1,629,000

Mix of Holiday & Permanent Letting
Management Rights For Sale

 

  • Mid rise complex of 28 apartments
  • 7 holiday and 8 permanents in the letting pool
  • 25 year Accommodation Module agreement with 19 years remaining
  • Easy to manage complex, currently run by one person
  • Body Corporate salary over $71,000
  • 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: $225,040
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:

 

Management Rights Broker
Phil Trimble

Price $1,629,000
Location Palm Beach
Property ID 8546

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