This easy to run, solo operation presents a wonderful opportunity for first time operators or semi-retiree’s in a fantastic location. Made up of 42 units, 15 permanent, 16 owner occupiers and one holiday. Plenty of growth via lock ups, outside agents and increasing tariffs.

Key Features

  • Superb location 100 meters from Palm Beach
  • Accommodation module with 19 years remaining
  • Growth opportunity through increase tariffs, lockups and outside agents
  • Low maintenance complex for a solo operator or semi-retired couple
  • $80k nett profit incl BC Salary
  • No office hours = work/life balance
  • Beautifully renovated two-bed two-bath manager’s residence with large outdoor living near the beach
  • Located in Top 10 QLD suburb – Palm Beach

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR005177
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Palm Beach
Sale Type: Management Rights - All
Net Profit: $80,622
Price: $720,000

Listing Agent(s)

Agent Feedback

Todd always kept us informed of the sale progress. He was easy to contact, approachable, and as happy as we were, with the progress of the sale. We found Todd to be co-operative, honest and reliable. Always helpful and positive. Thanks.

- Stan and Jenny Barlow
Vendor,
Panaview Court

Dealing with Todd Warner was one of the most enjoyable experiences we have experienced when purchasing a business. Todd is a true professional in every aspect. Communication is paramount when dealing with an agent and Todd communicated to us all, throughout the buying process. I believe Todd built a fiduciary relationship with both the sellers and the buyer of Panaview Court which put all of us at ease with the whole purchase process. Todd was well informed in the selling of Management Rights and was able to answer all questions we had in relation to the purchase. Overall this was a very successful and enjoyable experience.

- Steve OShea
Purchaser,
Panaview Court