Permanent Management Rights for Sale in Palm Beach, QLD — $520k - Business Only
Key facts
Price
$520k - Business Only
Location
Palm Beach, QLD 4221
Type
Permanent Management Rights
Net income
$105,000 (actual)
Caretaking remuneration
$105,000
Total units in complex
78
Agreement term (years)
10
Agreement remaining (years)
8
Office hours
None
Listed by
Ras360
Listing ID
21191107
Last updated
2026-10-25
Description
The opportunity to purchase a Business Caretaking Only Management Rights in Palm Beach presents a rare investment without the need for additional real estate acquisition. This package is ideal for those looking to manage these sought-after properties in one of the Gold Coast’s premier beachside locations.<br />
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The sale includes the exclusive use of a dedicated office space and two secure storerooms, ensuring you have all the resources necessary to effectively manage the property and serve residents. The Hemingway itself is a prestigious development, with 78 residences offering unparalleled ocean views and luxurious living spaces, designed by Rothelowman Architects.<br />
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With the Body Corporate $105,000 along with 25 additional units managed by outside agents, this business-only purchase offers a consistent income stream and the potential for future growth. Positioned in the vibrant Palm Beach area, Hemingway provides a prime opportunity for a savvy investor or experienced manager looking to operate in a thriving, exclusive community.