Biggera Waters, Queensland

Waterfront Management Rights with Spacious Three-Bedroom Unit

$2,140,000

Business Description

Price Reduced $74k

Hotel Resort Sales presents a rare opportunity to live and work in a beautifully maintained waterfront complex on the stunning Gold Coast. With all the hard work already completed, new owners can step in and enjoy a thriving business in a prime location.

Situated in the heart of Biggera Waters, this business is perfectly positioned near the Broadwater, Harbour Town Premium Outlet, and just a short drive from major theme parks and sporting venues.

Enjoy your downtime with fantastic on-site amenities, including two pools (one heated), two spas, a half-size tennis court, and a BBQ area, all with stunning water views. Additional features include secure underground parking, a boat ramp, and a pontoon for direct water access.

Boasting a net profit just shy of $300k which also includes a solid Body Corporate remuneration of $108K. NO set office hours required, this business offers exceptional flexibility perfect for a couple looking to enjoy a balanced lifestyle.

The recently renovated manager’s residence is a spacious three-bedroom, two-bathroom unit with two balconies and two secure car spaces, providing a comfortable and stylish home. Strong forward bookings, particularly from sports and community groups, ensure excellent occupancy rates through late 2025.

This waterfront opportunity is priced to sell—schedule your inspection today!

Net Profit: $299,774

Property Code: 64

Business Summary

Business Snapshot

Price: $2,140,000 Net Profit: $299,774 Remuneration / Body Corp Salary: $108,615Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $840,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 65Total Units in Letting Pool: 32Owner Occupy Units: 27Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesTennis Court: YesBBQ Area: YesMarina Berth: Yes

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

1. Prime location in the heart of Biggera Waters, near popular attractions and amenities.
2. Well-maintained waterfront complex with stunning water views.
3. Strong net profit of just under $300k, including solid Body Corporate remuneration.
4. Flexible work schedule with no set office hours, perfect for a couple seeking work-life balance.
5. Recently renovated spacious three-bedroom, two-bathroom manager's residence with two balconies and two secure car spaces.
6. Excellent occupancy rates through late 2025, with strong forward bookings from sports and community groups.
7. On-site amenities include two pools, two spas, a half-size tennis court, and a BBQ area.
8. Additional features such as secure underground parking, boat ramp, and pontoon for direct water access.
9. Priced to sell, offering a rare opportunity to live and work in a waterfront complex on the Gold Coast.
10. Long agreement term remaining with 21 years remaining.
11. Accommodation agreement module in place.
12. Pets allowed in manager's residence.
13. Total of 65 units in the complex, with 32 in the letting pool.
14. Opportunity for growth and potential to increase income.

Management Rights Multiplier: 4.34
ROI Estimate: 23.06%