RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT
RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT
RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT
RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT
RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT
RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT
RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT
RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT
RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT
RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT

RECEIVERS' SALE - 'PALMERSTON TOWER' - MANAGEMENT RIGHTS AND MANAGERS UNIT

Expressions of InterestSold

Key Features

  • 16 story high-rise consisting of 49 units
  • 21 units in on-site letting pool
  • *Net profit of $178,116 for the period 1/7/12 - 30/6/13
  • Caretaking income of $80,588 as of June 30th 2013 (subject to annual increases in accordance with the terms of the caretaking agreement)
  • Swimming pool, spa and BBQ area
  • 2 bedroom 2 bathroom managers unit with detached office (to be sold in conjunction with managers unit)
  • Located at 114 Marine Parade, Southport, Gold Coast QLD

Expressions of interest closes on Monday 2nd of December 2013

Call Alex Cook on 0467 600 610 for further details.

*These figures have been provided by third parties and have not been independently verified by the receivers and managers or the agent. The receivers and managers and the agent give no assurances, representations or warranties that the information is accurate, current or complete. Any interested party should make and rely on their own enquiries.

Key Details

Listing Ref: MR002771
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Southport
Sale Type: Management Rights - All
Net Profit: $178,116
Price: Expressions of Interest

Listing Agent(s)

Agent Feedback

Alex is a very professional and effective Management Rights Broker and we would highly recommend him to any managers wishing to sell their Management Rights and prospective managers wishing to purchase Management rights.

- Allan & Margaret Ott
Vendor,
Management Rights

The punctuality of yourself and every member of your team cannot be faulted.  We felt very comfortable with you and felt confident that you could get us the best possible price for our management rights.  We wouldn't hesitate to recommend you to anybody who is contemplating selling or buying and wish you all the continued success.

- Peter and Marg Fisher SURFERS PARADISE

Both my wife and I are extremely grateful to Alex and the team at Resort Brokers as it’s resulted in a satisfactory outcome and has made the whole process as stress free as the trauma of selling your Management rights can be.

- Peter and Marg Fisher SURFERS PARADISE