Under Contract - Palm Cove - ID 8325
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(no street name provided), Palm Cove QLD 4879

$1,350,000

BusinessSize: n/a
North Queensland Management Rights For Sale
400 meters from Palm Cove Beach, with Excellent BC Salary

- Guaranteed BC Salary of $63,780 plus GST, annual net profit of $252,637
- 11 units in holiday letting pool, happy owners all on board
- Well maintained gardens and pool, most units have own pool
- Expansive 3-bedroom managers double story villa residence
- Large office, reception, and tour desk on title
- Supportive committee and owners
- Resort style pool and BBQ area, with wi-fi and cable TV
- Extensively refurbished recently, and ready to reap the rewards of letting
- 500m from all shopping, medical services and 45 minute drive to International Airport
- Further 5-year top up to 2044

Ideal for an active couple wishing to escape the cold southern states and looking to either maintain the letting pool or possibly take the property into its next phase of development, by tacking another adjoining property to the letting pool.

The nearby Palm Cove beachfront location is perfect, the residence expansive and comfortable, the complex is compact, and the lifestyle is a relaxed resort feel.

You cannot go wrong with this management rights, located 500m from Australia's world-famous Palm Cove Esplanade.

Net Profit: $252,637
Asking Price: $1,350,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Antonio Curulli

Inspections

No open inspections scheduled.

Send an enquiry

Contact Antonio Curulli - MR Sales to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Business

Other Details

Tourism Brokers

Property history

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Palm Cove suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
54 years
Population
2,450
Listing ID: 181931683. This listing has been viewed 7 times. It was first displayed on 15/09/2023 and last updated on 11/12/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.