Palm Cove, Queensland

Palm Cove - Mixed Letting - Sold & Settled - ID 8325

SOLD

Business Description

UNDER CONTRACT
North Queensland Management Rights For Sale
400 meters from Palm Cove Beach, with Excellent BC Salary

- Guaranteed BC Salary of $63,780 plus GST, annual net profit of $252,637
- 11 units in holiday letting pool, happy owners all on board
- Well maintained gardens and pool, most units have own pool
- Expansive 3-bedroom managers double story villa residence
- Large office, reception, and tour desk on title
- Supportive committee and owners
- Resort style pool and BBQ area, with wi-fi and cable TV
- Extensively refurbished recently, and ready to reap the rewards of letting
- 500m from all shopping, medical services and 45 minute drive to International Airport
- Further 5-year top up to 2044

Ideal for an active couple wishing to escape the cold southern states and looking to either maintain the letting pool or possibly take the property into its next phase of development, by tacking another adjoining property to the letting pool.

The nearby Palm Cove beachfront location is perfect, the residence expansive and comfortable, the complex is compact, and the lifestyle is a relaxed resort feel.

You cannot go wrong with this management rights, located 500m from Australia's world-famous Palm Cove Esplanade.

For further information or to arrange an inspection of this North Queensland management rights business for sale contact:

Management Rights Broker
Antonio Curulli

Property Code: 499

Business Summary

Complex Information

Marketing Agent

Antonio Curulli

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Guaranteed BC Salary of $63,780 plus GST, annual net profit of $252,637
2. 11 units in holiday letting pool, with happy owners
3. Well-maintained gardens and pool, with most units having their own pool
4. Expansive 3-bedroom managers double story villa residence
5. Large office, reception, and tour desk on title
6. Supportive committee and owners
7. Resort-style pool and BBQ area, with wi-fi and cable TV
8. Recently extensively refurbished and ready to reap the rewards of letting
9. Located 500m from all shopping, medical services, and 45-minute drive to International Airport
10. Further 5-year top up to 2044
11. Ideal for an active couple looking to maintain the letting pool or expand the business
12. Perfect location near Palm Cove beachfront
13. Expansive and comfortable residence
14. Compact and relaxed resort-style complex
15. Great lifestyle opportunity for those looking to escape the cold southern states.