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: $1,138,400 Remuneration / Body Corp Salary: $389,300
Complex Information
Complex Type: MixedTotal Units in Complex: 236Total Units in Letting Pool: 90Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: YesWIFI: YesFunction Facilities: Yes
Key Investment Insights
Key Insights:
1. Prime location with abundant sea views and easy access to various amenities and activities.
2. Resort facilities include pool, spa, gym, tennis court, sauna, steam room, BBQ, games room, and secure parking.
3. Well-appointed living for the manager.
4. Potential for a busy work schedule and opportunity for the astute manager or syndicate.
5. Net profit based on the premise of a managing syndicate couple.
6. Requires experienced and financially qualified operators, making it ideal for syndication.
7. Price of $10,200,000 with a net profit of $1,138,400 and remuneration/body corp salary of $389,300.
8. Complex type is mixed with a total of 236 units, 90 of which are in the letting pool.
9. Agreement module is accommodation with a term of 25 years remaining.
10. Resort facilities include pool, spa, sauna, gym, tennis court, games room, BBQ area, WIFI, and function facilities.
