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

I am not often moved to write to record my appreciation and recognition of outstandingly excellent work and good practice. This is because I have seldom found it.  This is not the case with Alex Cook and Resort Brokers.  The whole experience from the initial appraisal to the signing of the contract and later advice that the purchaser's finance had been approved has been of the highest order.    

- Peter & Marg Fisher SURFERS PARADISE

Thank you Alex for the superlative effort you put in on our behalf to sell our management rights business.  We're sure that you'll agree that it wasn't without challenge from both parties but your tireless positive attitude and willingness to listen and facilitate, were key factors in the success of the process.

- Peter and Kim Holthouse WINDSURFER RESORT

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