PALM COVE, QLD
EXCLUSIVE LISTING!!! Unique Management Rights Opportunity in the Heart of Palm Cove
With plenty of sunshine, warm seas, refreshing breezes and a warm climate all year round, Palm Cove's weather is hard to beat. That is why people from all over the world flock to this magical location to enjoy world class and award winning restaurants, attractions and beaches.
Behind the fringe of palm trees, nestled among a rainforest setting is this stunning complex. With 21 self-contained, 4 diamond 1 and 2 bedroom holiday apartments, guests enjoy king-sized beds, kitchen, laundry facilities, flat screen LCD TV's and spacious balconies.
The Complex was built in 1998, and boasts well-established tropical landscaped gardens, free-form swimming pool (heated in winter), sun decks, covered BBQ and dining area.
The Managers residence is a huge, fully-airconditioned 4 bedroom free standing house with 2 bathrooms, private fenced garden, large outdoor living area, spacious kitchen, lounge and dining. There is also 5 storage rooms, as well as a free standing office on title that is currently sub-leased as a Day Spa to guests.
There is no doubt that this complex is outstanding in every regard. With a net profit in excess of $200,000 (excluding rent from Day Spa), this resort is ideal for a couple or family looking for a lifestyle or sea change.
For more information, or to arrange an inspection, please contact our North Queensland Management Rights Specialist, Kirsten Lowis on 0488 900 619.
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
Manager's Unit Price:
Management Rights Price:
Est. Year Built: 1998
Total Units In Complex: 21
Inside Letting Pool
Outside Letting Pool
Lock Up: 4
Outside Agents: 0
Self Managed: 0
Owner Occpd: 2
Number & Type In Letting Pool
Manager's Unit & Office
Manager's Unit Size: 3 Bed
Office Reception: Not specified
Storage: 5 storage rooms on title
Agreement Term: 25
Years To Run: 21
Manager's Unit Description: Fully Air-conditioned, Free-standing house with large kitchen, 3 bedroom + office, 2 bathroom, large outdoor living area with mature low maintenance gardens.
Tennis Court: NO
Cable Installed: YES
Pets Allowed: YES
Barbeque Area: YES