Welcome to Australia's first PRIVATE RESIDENCE CLUB in tropical North Queensland's newest amd most exciting beach Resort:  

THE PRIVATE RESIDENCE CLUB CONCEPT

• Most individuals would dearly love to own a lifestyle property in an exotic destination.
• Some take the step and find their lives enriched but most are dissuaded by either the expense of the purchase or the hassle and cost of maintaining yet another property.
• A Private Residence Club investment overcomes these hurdles and provides a unique opportunity to securely invest in lifestyle freehold real estate.
• In simple terms, it is the co-ownership by like minded individuals of a luxury Residence in a fully maintained Resort complex.
• Each Owner purchases a share of a specific luxury Residence and they receive a separate freehold title.
• Each Owner is entitled to use of the Residence proportionate to their ownership.
• In essence, Owners enjoy all the benefits of owning a luxury lifestyle Residence for a fraction of the whole Residence price.
• Private Residence Club ownership also enables you to own a lifestyle property investment hassle free. Not only are all the operational and maintenance issues taken care of for you, but you only pay a fraction of the annual costs of whole property ownership.
• A Private Residence Club purchase is recognised as a ‘new age’ common sense value decision - you purchase the amount you actually need and free up capital for other uses or investments.
• Private Residence Club ownership is NOT Timeshare. With Timeshare you are effectively paying up front for your holidays for a fixed week annually and for a fixed number of years.
• With direct freehold ownership in a Private Residence Club you can sell, mortgage or will your interest as you choose and receive the capital gain - just like any other real estate.
• Access to use your luxury Residence is flexible and available all year round.

PALM COVE PRIVATE RESIDENCE CLUB – An Australian First

• The Palm Cove Private Residence Club will be the first freehold ownership Private Residence Club in Australia.
• The Village Palm Cove is Australia’s newest and most exciting masterplanned Resort and cultural precinct. With its tropical village atmosphere, music school, moonlight cinema, rooftop champagne bar, amphitheatre and cultural events, The Village Palm Cove will be Australia’s tropical tourism icon and recognised internationally.
• Created as a luxury enclave within The Village Palm Cove Resort, Owners in the Palm Cove Private Residence Club will be a community of like minded professionals and business individuals who appreciate the luxury, quality and exclusiveness of this unique tropical Resort within a Resort.
• Palm Cove Private Residence Club Owners will enjoy the full facilities available at The Village Resort including the spectacular 100 metre long lagoon pool with its pure white sand beach.
• Palm Cove Private Residence Club will feature a private, luxurious, 50 metre long retreat pool for use by adults only, where Owners can reserve their own private poolside pavilions and personal plunge pool. Owners also have access to an exclusive Owners Clubhouse and Lounge with private concierge services, library and honour bar.
• Palm Cove Private Residence Club ownership involves purchasing a 1/12th freehold title interest in a luxury Residence.
• Purchase prices range from $110,000 to $120,000 and savvy property investors will appreciate the value this lifestyle investment generates for their family and future generations.
• All of the operational and property costs including body corporate fees and refurbishment reserves are covered by a set annual fee which has been fixed at $2,900 per Owner for the first year - and the best part is, there is no other charge when you stay in your Residence!
• Owners have a choice of 3 options:
  - Use and enjoy - You can book through a flexible online reservation system, and holiday for between 4 weeks and 8 weeks per year in your luxury Residence;
  - You can rent part or all of your annual usage entitlement through the on-site management and gain a return on your investment;
  - Or you can exchange part or all of your annual usage entitlement through an optional international exchange program that enables you to vacation in luxury Resorts in such exotic places as Tuscany, Provence or the Caribbean.

AT PALM COVE PRIVATE RESIDENCE CLUB –OWNERSHIP HAS ITS PRIVILEGES

PRIVATE RESIDENCE CLUBS OF AUSTRALIA

• Palm Cove Private Residence Club is being developed by Private Residence Clubs Australia Pty Ltd.
• The founders of Private Residence Clubs of Australia have individually over 25 years experience in developing a range of Australia’s leading luxury Resorts.
• In Palm Cove alone, the founders have developed the internationally acclaimed Resorts:
  - The Beach Club & Spa (operated by Peppers Resorts)
  - The Reef House (operated by Sebel Hotels & Resorts)
  - Angsana (operated by Banyan Tree Resorts)
  Australia is suited to the Private Residence Club ownership concept because of its high demand for lifestyle property from both national and international investors.
• Palm Cove is the perfect destination to establish Australia’s first Private Residence Club.
• Recognising this rapidly emerging trend worldwide, Private Residence Clubs of Australia are creating the Palm Cove Private Residence Club as an exclusive part of The Village Resort to provide a lifestyle property investment choice that will appeal to a broad range of investors and users.