Palm Cove, Queensland

$1,675,000

Property Description

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.

Property Summary

Business Snapshot

Price: $1,675,000 Net Profit: $239,000 Remuneration / Body Corp Salary: $53,000Body corp salary review: CPI Annually

Managers Unit

Value 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 Information

Complex 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

Marketing Agent

Calvin Bailey

Marketing Agency

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey
Calvin Bailey Management Rights

Phone

Listing Tools

This listing last updated: 11th September 2018

Property Map

Map Location ( get directions )

Palm Cove, Queensland 4879 Exact map location not provided

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