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Holiday Management Rights - Broadwater Lifestyle, No Set Office Hours
$1,450,000
Resort / Holiday management rights, Biggera Waters QLD
Embrace the ultimate coastal lifestyle with this exceptional management rights business, perfectly positioned opposite the beautiful Broadwater. This well-established holiday resort offers a relaxed and profitable operation in one of the Gold Coasts most sought-after waterfront locations. Just moments from Harbour Town, Runaway Bay Sports Centre, cafs, playgrounds, and local attractions.
Key Investment Highlights:
- Strong Profitability: Consistent performer with a proven net profit of $200,372.
- Prime Location: Located directly across from the Broadwater in the heart of Biggera Waters, a long-time favourite for families and holidaymakers alike.
- NO Set Office Hours: Operate on your terms with an easily managed business structure.
- Resort-Style Facilities: Pool, spa, BBQ area, and secure underground parking.
- Low-Workload Operation: Minimal gardens and shared spaces make for simple management and more lifestyle time.
- Healthy Agreement 19 years remaining on the agreement.
- Managers Unit: The comfortable ground-floor residence features 2 bedrooms, 2 bathrooms, a private courtyard, and secure car space.
- Priced to Sell low multiplier on the business and excellent buying for the managers unit.
This business represents an outstanding opportunity for first-time operators or experienced managers seeking a flexible, profitable, and easy-to-run operation in an unbeatable location.
Dont miss this chance to secure a proven performer overlooking the Broadwater. Contact Craig today for further details or to arrange a private inspection.
Net Profit: $200,372
Property Code: 103
More Information
- Total Purchase Price: $1,450,000
- Net Income: $ 200,372
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 650,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: 4.0
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?