Palm Beach, Queensland
Caretaking and Letting only!!
Under Contract / Offer
Business Description
Caretaking and Letting only!!
Permanent Complex in Prime Location.
Palm Beach Shopping Centre is an approximate five-minute drive away, while an abundance of eateries and cafes are within easy reach by foot.
In the centre of the tropically landscaped atrium you will find a heated waterfall-edge pool, adjoined by a state-of-the-art fitness centre. On the oceanfront rooftop residents one can enjoy coastline vistas while having access to the building's herb garden.
To arrange an inspection please call: Gavin - ---------- or email: ----------
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $111,000 Remuneration / Body Corp Salary: $93,000
Complex Information
Complex Type: PermanentTotal Units in Complex: 62Total Units in Letting Pool: 5Owner Occupy Units: 51Outside Agent Units: 3Lockup Units: 3Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsIndoor Pool: Yes
Key Investment Insights
1. Prime location near shopping center and eateries
2. Tropically landscaped atrium with heated pool and fitness center
3. Oceanfront rooftop with coastline views and herb garden
4. Permanent complex with 62 units and 5 in letting pool
5. Owner occupy units make up majority of complex
6. Long-term accommodation agreement with 20 years remaining
7. High net profit and body corp salary
8. Potential for growth and expansion with additional units in letting pool
9. Indoor pool adds value to complex amenities
10. Opportunity for inspection and further inquiries with contact information provided.
