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Broadbeach Holiday Management Rights - Strong Letting Pool and Consistent Income
$1,795,000
Resort / Holiday management rights, Broadbeach QLD
Positioned in the hub of Broadbeach and just steps from the golden sands, this boutique holiday management rights business presents a rare opportunity to secure a low-maintenance operation in one of the Gold Coasts most sought-after beachfront destinations.
This well-established complex features 30 self-contained holiday apartments (a mix of one and two-bedrooms), with 19 apartments in the letting pool. The business delivers a reliable net profit of $219k and boasts 21 years remaining on the accommodation module, offering exceptional long-term security.
Key Features:
- Prime Broadbeach holiday management rights location just metres from the beach
- Solid letting pool with 19 of 30 apartments under management
- Strong and consistent net profit of $219,000
- Low-maintenance complex ideal for first-time operators
- 21 years remaining on the Accommodation Module
- Self-contained, air-conditioned apartments popular with holidaymakers and returning guests
- Resort-style facilities including a heated swimming pool, spa, BBQ area, and secure underground parking
Manager's Residence - A spacious two-bedroom, two-bathroom ground-floor apartment with office on title and a generous private courtyardperfect for entertaining or pet-friendly living.
Location Highlights:
- Walking distance to Pacific Fair Shopping Centre, The Star Casino, Gold Coast Convention Centre, and the G:link light rail
- Surrounded by award-winning dining, nightlife, and entertainment
- High local and tourist demand with events like the Blues on Broadbeach and Groundwater Country Music Festival
Contact Craig today to arrange an inspection or to find out more.
Net Profit: $219,017
Property Code: 87
More Information
- Total Purchase Price: $1,795,000
- Net Income: $ 219,017
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
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?