Management Rights - Palm Beach, QLD

Palm Beach, QLD

$725,000

Property Description

Lovely Holiday Complex, Literally Beach front, GOOD FOR FIRST TIMER

You cannot get closer to the beach and the Vendor has reduced the price for the lucky buyer!!

Location!! Location!! - The beach is just a step away. A lovely 3.5 Star property which fronts onto Palm Beach.

Beachfront accommodation offering a choice of 2 and 3 bedroom oceanfront apartments. All units have full kitchens with dishwasher and microwave as well as a separate laundry, ceiling fans in every room and en-suites to the master bedroom.

The friendly resort offers a security building and underground car parking, large swimming pool and heated spa, 1/2 tennis court, barbecue area and of course a long white sandy beach out front.

Ideal for the beginner who wants a quality business. Can be run mostly by one person except at peak times. Call Kerrie Lush on 0416 084 693 or email kerrie @raas.com.au

Financial Overview

Body Corp Salary:
54427
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
CPI
Net Profit:
$86,230
Manager's Unit Price:
$440,000
Management Rights Price:
$285,000
Letting Business

Est. Year Built: 1990
Total Units In Complex: 26


Inside Letting Pool

Permanent: 2
Holiday: 6
Corporate: 0
Total: 8

Outside Letting Pool

Lock Up: 4
Outside Agents: 2
Self Managed: 0
Owner Occpd: 11
Total:

Number & Type In Letting Pool
Number Type Features
1 2 Bed Apartments ensuite, selfcontained, diswasher, ocean views
7 3 Bed Apartments ensuite, selfcontained, diswasher, ocean views
0 Bed
Tariffs

Booking Type Details
Permanent 500 -510
Corporate
Holiday Ask about tariff Sheets
Manager's Unit & Office

Manager's Unit Size: 2 Bedrooms
Office Reception: Exclusive Use
Office Software: PUMA
Office Hours: as required. NONE ON AGREEMENT
Storage: in secured garage
Office Computer: Yes
Module: Standard
Agreement Term: 10
Years To Run: 7.5
Manager's Unit Description: Lovely 2 brm unit tiled living areas with builtins, ensuite. Separate bathroom, laundry, 4 star building and so is this apartment. Large private area hidden behind gardens, direct access to office from unit. Parking in secured garage. I car space

Facilities

Pool: Yes
Spa: Yes
Gym: No
Tennis Court: Yes
Sauna: No
Foxtel: Yes
Cable Installed: Yes
Pets Allowed: Yes
Barbeque Area: Yes
Wireless: No

Other Facilities: PABX & secure parking. Pets with approval however there are no pets in the complex

Property Agent

Kerrie Lush

Kerrie Lush

Phone: 0416 084 693
Office: 1300 282 370

Email Listing Agent

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