Palm Beach, Queensland

$4,320,000

Property Description

Palm Beach Management Rights Sale

Id: 2023 Palm Beach Management Rights Sale
Business Summary
Price: $4,320,000
Managers Accommodation Price: $720,000
Nett Profit: $600,000
BC Remuneration: $130,681
Location: Palm Beach Qld, 4221
Complex Features: Swimming Pool, Spa, Sauna, games room
Manager`s Accommodation Bedrooms: 4
Pets Allowed? No
Agreement Term: 25 years
Units in Letting Pool: 42
________________________________________________________________________________________________________________________
GREAT LOCATION Great Price Palm Beach Management Rights Sale
Great Location on the beach.
Almost a decade since this has sold
Has a good BC Committee Agreements to be topped up this year.
Almost a decade since this has sold
Has a good BC Committee Agreements to be topped up this year.
Ground floor 4 bedroom apartment tile floors in living areas and carpet in bedrooms, and 2 bathrooms. 4th bedroom currently used as back office.
Secure underground car park and storage.
Office on Occupation Use and there is another exclusive use area available to expand office if required.
Business Upsides
Allowance in Profit and Loss for wages
Room/Night Rates have just increased by 19% which which means lots of upside in the figures.
Almost a decade since this has sold
Has a good BC Committee Agreements to be topped up this year.
Opportunity for those with sales savvy to increase income.
Partnership opportunity or just a chance to upsize so
Please call/email Agents
David Manson John Ennis
0412 707 173 0407 750 862

Property Summary

Business Snapshot

Price: $4,320,000Net Profit: $600,000 Remuneration: $130,681

Managers Unit

Bedrooms: 3Car Spaces: 2Office: On TitlePets OK: No

Complex Information

Agreement Module: AccommodationAgreement Term: 25 years

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

General Features

  • Garaging: 2 secure parking & remote access
Views: OceanWalk to (vicinity of): School (high)

Marketing Agent

David Manson

Marketing Agency

Management Rights Agents

Management Rights Agents

Management Rights Agents

David Manson
Management Rights Agents

Phone

Listing Tools

Property Map

Map Location ( get directions )

Palm Beach, Queensland 4221 Exact map location not provided

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