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Gold Coast Management Rights for Sale - Overlooking the Broadwater
$1,640,000
Resort / Holiday management rights, Biggera Waters QLD
Step into the lifestyle you've been dreaming of with this exceptional resort management business in a prime Gold Coast waterfront location. This well-established holiday letting resort is positioned directly across from the picturesque Broadwater and moments from Harbour Town, Runaway Bay Super Sports Centre, cafes, playgrounds, and more.
Key Investment Features:
* Proven Profitability: Currently generating a strong net profit of $231,074 with potential for growth.
* High-Demand Location: Ideally situated across from the Broadwater, in the heart of Biggera Waters a favourite destination for holidaymakers.
* Turnkey Business: Featuring 14 fully self-contained apartments in the holiday letting pool, all within a secure, easy-to-run complex.
* Resort-Style Amenities: Guests enjoy a relaxed stay with a pool, spa, BBQ area, and underground parking all with minimal upkeep.
* Low-Maintenance Operation: Limited gardens and common areas mean less hands-on work for the manager.
* Supportive Body Corporate: Enjoy a cooperative and proactive committee with 21 years remaining on the agreements.
* Spacious Managers Unit: A well-appointed ground-floor unit with 2 bedrooms, 2 bathrooms, private courtyard, and car space the perfect blend of work and lifestyle.
This well-established and easily managed business presents the perfect entry point for first-time operators eager to step into the lucrative management rights industry. Boasting a strong net profit of $231K and set in a stunning Broadwater location, this is an opportunity not to be missed.
Contact Craig today for more information or to arrange your inspection.
Contact me today to discuss further and arrange an inspection.
Net Profit: $231,074
More Information
- Total Purchase Price: $1,640,000
- Net Income: $ 231,074
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 585,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.6
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?