Palm Beach, Queensland

Abounding Sea Views!!

$9,884,000

Business Description

Supreme Management Rights!!

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 partnership.

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

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

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: $9,884,000 Net Profit: $1,288,000 Remuneration / Body Corp Salary: $405,800

Managers Unit

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

Complex Information

Complex Type: HolidayTotal 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
Gavin Mattig

Gavern Property - Management Rights

Gavern Property - Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Listed price $9,884,000 with reported net profit $1,288,000, indicating a strong return on investment relative to price.
2. Remuneration/body corporate salary of $405,800 in addition to net profit, enhancing total owner income potential.
3. Manager’s apartment on title valued at $2,800,000, five bedrooms, four bathrooms, two car spaces, with an on-title office and pets allowed.
4. Long-dated management agreement: 25 year agreement with 24 years remaining, providing long-term operational stability.
5. Large holiday complex scale, 236 total units with 90 units in the letting pool, offering significant management scope and revenue streams.
6. Comprehensive on-site resort facilities including pool, spa, sauna, gym, tennis court, games room, BBQ area, WiFi and function facilities, supporting high guest appeal and ancillary income.
7. Prime coastal location with abundant sea views and immediate access to beach, family attractions, shopping, markets, theme parks, wildlife sanctuaries, hinterland tours and the airport, enhancing year-round demand.
8. Business positioned for an experienced, financially qualified operator or partnership, with net profit projections based on a managing partnership couple.
9. Manager role offers well-appointed living accommodation but implies a busy work schedule, suggesting hands-on operational commitment is required.
10. Seller disclaimer and note that images do not depict the management rights, indicating purchasers should conduct their own due diligence and inspections.

Management Rights Multiplier: 5.50
ROI Estimate: 13.03%

Listing location
Gallery

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