Your Partner in Success
Your Partner in Success
Investor confidence in North Queensland is High.
Investor confidence in North Queensland is High.
More Resort for your Dollar
More Resort for your Dollar
Once Only Opportunity - Beachfront with Freehold Palm Cove
Property ID: 

C0238

Location: 
Palm Cove
Asking Price: 
$3,600,000
Letting Type: 
Holiday
Building Type: 
Medium Rise

Don't miss out on the purchase of the Freehold of 27 lots plus the Management Rights Business of this prime beachfront 4 star holiday property in Palm Cove. 
Price includes: 
$300,000 manager's apartment with large reception, offices and storage on title. 
17 x studio apartments @ a total of $1.35m, and 
10 x 1 bedroom apartments @ a total of $1.25m. 
Business price is $700,000 - giving a total price of $3.6m. 

Gross business turnover $1,063,987.

This great property is very well presented and all units are in excellent condition. There has been a recent soft furnishing upgrade. The price includes a large one bedroom manager's apartment and an expansive reception/office/back office on title. 

No owners are allowed to reside onsite. 

The property has the perfect location adjacent to the village and on the beachfront. A restaurant and bar at the front of the building which is owned and managed by others, compliments the facilities of this resort. 

Currently run under quality management and top staff who would elect to remain if required. 

CONFIDENTIALITY CONDITIONS APPLY