Prime Beachfront Palm Cove
New to the market and on the Esplanade at Palm Cove,
Beautifully presented quality holiday complex,
20 metres to the beach.
Delightful four star property with spacious 2 and 3 bedroom apartments.
Lock offs allow 2 bedroom apartments to be sold as one.
One of the premier properties in Palm Cove.
Established business enjoying excellent returns.
Sale includes fully furnished manager's apartment.
What a lifestyle and with no set office hours.
Manager can also live offsite if required.
Approvals in process for conversion to Accommodation Module.
Manager small pet approved.
Approvals in process for conversion to accommodation module.
Net Profit: $239,000 Remuneration / Body Corp Salary: $53,000Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: Exclusive UsePets OK: Yes
Spacious 150m2 - 2 bedroom 2 bathroom manager's unit large patio overlooking the beach
Complex InformationComplex Type: HolidayStar Rating: 4Total Units in Complex: 19Total Units in Letting Pool: 15Holiday Units: 15Owner Occupy Units: 2Lockup Units: 1Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesPay TV: Yes