Palm Cove, Queensland

$1,199,000

Property Description

Business For Sale - Established and Proven Management Rights Business in Palm Cove - ID 7861 BL

- North Queensland Management Rights For Sale
- Palm Cove
- Holiday management rights complex
- Positioned on the beach at Palm Cove, just 25 kms north of Cairns
- 29 dual keyed apartments in the letting pool
- Conveniently located to all of the facilities of Palm Cove
- Walking distance to boutique shopping and award winning dining options
- All apartments overlooking either tropical gardens or the Coral Sea
- Facilities include sensational pool, spa, BBQ, security parking, cable TV & Wi-Fi
- Body Corporate salary of $57,468 + GST
- Accommodation module agreement expires 2036
- Three bedroom, two bathroom manager's residence
- Current manager would also look at a partnership proposition to approved purchaser
- This established management rights business is a must to inspect. Purchase your piece of paradise today!

Net profit: $162,474
Asking Price: $1,199,000
(Inclusive of manager's real estate)

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

Listing Broker
Lyn Pearsall

Property Summary

Business Snapshot

Price: $1,199,000 Net Profit: $162,474 Remuneration / Body Corp Salary: $57,468Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $450,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 32Total Units in Letting Pool: 29Holiday Units: 29Lockup Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 17 yearsPool: YesSpa: YesBBQ Area: YesPay TV: YesWIFI: Yes

Marketing Agent


Marketing Agency

MR Sales

Lyn Pearsall
MR Sales

Phone

Listing Tools

Property Map

Map Location ( get directions )

Palm Cove, Queensland 4879 Exact map location not provided

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