$595,000 - Business Only

The opportunity to purchase the Business Only Management Rights to the Hemingway at Palm Beach presents a rare investment without the need for additional real estate acquisition. This package is ideal for those looking to manage a high-end, sought-after property in one of the Gold Coast’s premier beachside locations.

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 75 residences offering unparalleled ocean views and luxurious living spaces, designed by Rothelowman Architects.

With the Body Corporate set at $99,788 and the current portfolio of 5 permanent rentals along with 20 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.