Very Rare Short Stay Business Only Package Opposite the Broadwater
$970K MR&$350k Office = Total $1.320M
Permanent Management Rights, SOUTHPORT QLD
This opportunity presents a rare chance to secure a short-term business-only management rights operation directly opposite the Broadwater in Southport. The complex is well-established and attracts a steady flow of families, corporate travellers, and visitors who value a central and convenient Gold Coast location.
The business produces a net profit of approximately $236,000
from a pool of 15 holiday apartments, with further upside from units currently managed externally. A Body Corporate salary of around $54,000 provides stable income alongside letting revenue.
A major point of difference is the freehold property component, which includes a 60m office on title plus an on-title conference room with kitchen and bar facilities. These inclusions not only provide a secure professional base but also create scope to support meetings, small events, or catered functions a feature rarely found in business-only management rights.
Operationally, the model offers excellent lifestyle flexibility with no residence requirement, no fixed office hours, and no pool or facilities to maintain.
Southport remains a reliable short-stay destination. The Broadwater Parklands and safe swimming areas across the road make it particularly popular with families, while corporate and medical visitors are drawn to the areas proximity to the Gold Coast Health and Knowledge Precinct, Griffith University, and Southport Courthouse. The light rail provides easy connections to Surfers Paradise, Broadbeach, and Helensvale, with theme parks and the northern Gold Coast corridor only a short drive away.
In summary, this is a very rare short-term, business-only management rights package delivering strong returns, freehold office and conference facilities, and the operational freedom of a no-residence model.
Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks
More Information
- Total Purchase Price: $970K MR&$350k Office = Total $1.320M
- Net Income: $ 236,000
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 88
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?