Embrace an unparalleled investment opportunity with Beach Palms on the Gold Coast Highway, where minimal duties meet substantial income. This prime management rights offer boasts a solid Body Corporate salary of $67,000 and an impressive net profit of $162,026, making it an ideal option for both experienced operators and those seeking an entry-level opportunity with low stress.
At Beach Palms, enjoy a truly maintenance-light experience. There’s no pool to maintain, no bins or bin chutes required, as the council handles all waste collection, and residents take care of their own disposal. No office hours means you’re free to manage your time flexibly, and there’s no gardening involved. The Body Corporate even covers pool costs, further reducing your responsibilities.
This mixed-use complex includes 28 units, with 17 in the letting pool (9 permanent and 8 short-term), providing consistent income. The manager’s spacious 2-bedroom, 2-bathroom unit with two car spaces is offered at $950,000, alongside the management rights at $725,000, for a total price of $1,675,000. With 20 years left on the agreement, Beach Palms is the ideal choice for those seeking a high-yield, low-stress lifestyle investment.