PALM BEACH LIFESTYLE
+ GREAT PROFIT$729K MLR Business + Offers over $900K Apartment
Palm Beach, Gold Coast, QLD Ideal for a semi retired couple or for a young family seeking a reliable second income stream, this stunning, two bedroom, two bathroom apartment with caretaker's salary plus letting income is exactly what you are looking for!
Holiday every day with a short stroll from your ground floor apartment to the sand and surf of Palm Beach. A highly sought after locale, Palm Beach continues it's evolution an what is undeniably a renaissance era. Easy access to public transport, GC International Airport, shopping centres along with many restaurants, coffee shops and local schools, all within a short walk or drive. Proximity to the M1 makes accessing northern NSW a breeze. At Beach Palms Resort you will be surrounded by greenery and abundant water aspects giving a feeling of privacy with tranquility in the midst of the PB action and vibe.
Villa Features
- Master retreat with walk in robe, spacious ensuite
- Generously sized second bedrooms with built in robes
- Chef's kitchen with granite bench tops
- Spacious wrap-around balcony with highly desirable north-east aspect
- Split reverse cycle air conditioning units
- Quality window fittings & floor tiles
- One secure basement car park with ample onsite visitors parking
Complex Features - Pool
- Sauna
- BBQ area
- Games room
- Landscaped grounds
- Pet friendly complex
Management Rights business - $162,026* Net Operating Profit (year end 31 January 2024)
- Long term Caretaking and Letting agreements to 1 October 2044 (20+ years remaining)
- No fixed hours; Do the caretaker's duties on your schedule
- Salary review annually - CPI mechanism every November
- 28 lots in complex with 16 units in the holiday letting pool
- Upside potential to grow letting pool within the complex
- Front desk and seperate office
*Approx.
Please contact Craig Cornish to receive a full information package and or arrange an inspection.
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