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

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

We also appreciated Alex's accessibility and acknowledge the personal time that he sacrificed to maintain a continuous communication channel for our queries.We will certainly recommend Alex to our friends and colleagues for that moment when they too decide to seek a different life.

- Peter and Kim Holthouse WINDSURFER RESORT

Alex had our business sold within a week for the asking price. Also he had a back up offer for the same price, his professionalism and work ethics are second to none.

- Laraine & Col Fields
Previous vendors,
Emerald Village Apartments