Biggera Waters, Queensland

Priced Below Market at 17% ROI - All Offers Considered - ID 8133

$2,900,000

Business Description

Management Rights For Sale
Wonderful holiday business with full resort facilities including a busy externallly operated coffee shop.

- Very low 4.31 multiplier considering net of circa $500,000

- Absolute gem located on the northern end of the Gold Coast

- Full resort style facilities including roof top pool and spa

- Great repeat trade, very popular destination for families

- Long agreements with Body Corporate salary of over $200,000

- 2 bedroom, 1 bathroom manager's residence with private balcony

- Exclusive use office

- Ample storage

- Upside potential with maintenance income. Cleaning fees have not been increased for 5 years and salary increase due in July.

Boasting a prime location on the Gold Coast Broadwater, this is a thriving business and an ever popular destination for families seeking a relaxing holiday. Just a short drive to theme parks and only 10 minutes to the heart of Surfers Paradise.

The high net income is sufficient to support two families or an investment group, plus there is considerable growth potential as well.

Net Profit: $499,330
Asking Price: $2,900,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Brokers
Phil Trimble & Gerard Dixon

Property Code: 1091

Business Summary

Business Snapshot

Price: $2,900,000 Net Profit: $499,330 Remuneration / Body Corp Salary: $201,207Business Value: $2,150,000

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes

Located on the ground floor, Access to reception, 2 bedrooms, 1 bathroom, Storeroom attached and on title, Private balcony overlooking expansive gardens

Complex Information

Complex Type: MixedTotal Units in Complex: 66Total Units in Letting Pool: 28Owner Occupy Units: 32Outside Agent Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Phil Trimble

Gerard Dixon

MR Sales

Key Investment Insights

1. Priced at $2.9M with net profit $499,330, advertised 17% ROI and all offers considered, indicating strong cash return relative to price.
2. Very low 4.31 multiplier based on circa $500,000 net, signalling above-market valuation for buyers seeking yield.
3. Asking price includes manager’s real estate, manager’s apartment valued at $750,000 and on title, providing owner-occupier value and asset security.
4. Long accommodation agreement originally 25 years with 18 years remaining, offering contractual income stability for management rights.
5. Body Corporate remuneration of $201,207 contributes significant recurring salary component to cashflow.
6. Full resort facilities include roof-top pool and spa, sauna, gym, tennis court, games room, BBQ area and Wi‑Fi, supporting premium holiday positioning.
7. Busy externally operated coffee shop on-site provides ancillary income and enhances guest amenity without operator burden.
8. Strong repeat family trade and proximity to Broadwater, theme parks and 10 minutes to Surfers Paradise underpin steady demand and high occupancy potential.
9. Letting pool composition is favourable for management income, 66 total units with 28 in the letting pool and 32 owner-occupied units.
10. Operational strengths include exclusive-use office, ample storage, manager’s ground-floor 2-bedroom residence with private balcony and 1 car space, and pets OK.
11. Clear upside potential: maintenance income opportunities, cleaning fees not increased for five years, and a scheduled salary increase in July.
12. High net income can support two families or an investment group, indicating scalability and appeal to multiple buyer profiles.

Management Rights Multiplier: 4.31
ROI Estimate: 17.22%