Palm Beach, Queensland

Syndicate Potential!!

$10,200,000

Business Description

Management Rights Supreme!!

Ideally positioned with abundant sea views and all the resort facilities in one place. Choices abound - beach, play grounds for children, bowling clubs, shopping, village markets, theme parks, wildlife sanctuaries, hinterland tours, airport and many more activities - all accessible from this one place.

On offer for discerning residents and guests - pool, spa, gym, tennis court, sauna, steam room, BBQ, games room, secure parking and of course the beach. Images do not depict this management rights.

Well-appointed living on offer for the manager and although a busy work schedule, opportunity abounds for the astute manager or syndicate.

Net profit based on the premise of a managing syndicate couple.

This management rights requires only suitably experienced and financially qualified operators - might be ideal for syndication.

To arrange an inspection please call: Gavin

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: $10,200,000 Net Profit: $1,178,000 Remuneration / Body Corp Salary: $405,800

Managers Unit

Value of Managers Apartment: $2,800,000Bedrooms: 5Bathrooms: 4Car Spaces: 4Office: On Title

Complex Information

Complex Type: MixedTotal Units in Complex: 236Total Units in Letting Pool: 90Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: YesWIFI: YesFunction Facilities: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Prime location with abundant sea views and access to various activities and amenities.
2. Well-appointed resort facilities including pool, spa, gym, tennis court, sauna, steam room, BBQ, games room, and secure parking.
3. Potential for high net profit for a managing syndicate couple.
4. Requires experienced and financially qualified operators.
5. Manager's apartment valued at $2.8 million with 4 bedrooms, 4 bathrooms, and 4 car spaces.
6. Mixed complex with a total of 236 units and 90 units in the letting pool.
7. Accommodation agreement with a remaining term of 25 years.
8. Resort features include pool, spa, sauna, gym, tennis court, games room, BBQ area, WIFI, and function facilities.

Management Rights Multiplier: 6.28
ROI Estimate: 15.92%