SYDNEY NORTHERN BEACHES "RECESSION PROOF!"

Palm Beach, modern "serviced" holiday apartments - Millionaire's Paradise.

  • 20 Luxury Apartments in modern low-rise complex.
  • No competition - Weddings provide bookings for over 90% of this recession proof business.
  • 14 select active "holiday" managements - easy to manage.
  • Stones throw to Pittwater (BYO Yacht)
  • No contractual office hours - structure your own day!
  • Separate "bright" office/reception- exclusive use!
  • Secure parking - Pool and Spa.
  • NO Requirement to buy or own an expensive Managers Apartment.
  • No requirement to reside in the building (Current Manager lives off-site).
Property Type:
Region:
Sale Type:
Net Profit:
Turnover:
Apartments
NSW - Sydney
Management Rights
$136,000 PA
$230,000
Price:
$580,000
Additional Notes:

If you could work "anywhere" you chose......this would have to be on the list!
Wow factor "plus"..........."Home and Away.....In Summer Bay". No Competition, Genteel Clientelle (no yahoos or yobbo's).great boating, great fishing, great surfing, great golf, great shopping, great restaurants..........First in best dressed!

Oh, yes there is a bit of potential to increase the bottom line...........the temptation to slack off is high though........you'll need to be motivated.