Palm Beach, Queensland

$725,000

Property Description

Palm Beach Permanent Management Rights

Easy to run Permanent Complex in Palm beach.

* Absolute stunner
* Modern large manager's residence
* Huge outdoor patios offering a whole new dimension to outdoor/indoor living and entertaining.
* Two car security car parks
* Loads of storage
* Walk across to the beach
* No set office hours
* Very easily run by one person

A must see! Would suit a first time owner or semi-retired looking for a lifestyle work from home income.

**Pets considered.

Nets $80,009
Managers Apartment $430,000, Management Rights $295,000
Asking Price $725,000

Property Summary

Business Snapshot

Price: $725,000 Net Profit: $80,009 Remuneration / Body Corp Salary: $52,366

Managers Unit

Value of Managers Apartment: $430,000Bedrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 42Total Units in Letting Pool: 16Holiday Units: 16Owner Occupy Units: 15Agreement Term: 25 yearsAgreement Term Remaining: 16 years

Marketing Agent


Marketing Agency

RAAS Group

Kerrie Lush
RAAS Group

Phone

Listing Tools

Property Map

Map Location ( get directions )

Palm Beach, Queensland 4221 Exact map location not provided

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