16 storey high rise adjacent the beach
Palm Beach holiday management rights for sale with 43 units in the letting pool over 2 and 3 bedroom configurations.
Luxury building with every guest amenity including heated pool, wading pool, spa, sauna, steam room, tennis court, games room, gym and Wi-Fi.
Refurbished pool area and recently painted building.
Supervisory role for the Manager with long agreements with reception, office and storage on title. (The restaurant onsite is not part of the management rights)
Absolute beachfront property rarely seen on the Gold Coast. Body Corporate employs a gardener and common area cleaner. Two bedroom, two bathroom air-conditioned residence plus car space. No set office hours.
Net Profit: $371,000
Asking Price: $2,580,000
(Inclusive of manager’s real estate)