Biggera Waters, Queensland

Gold Coast Management Rights for Sale - Overlooking the Broadwater

$1,640,000

Business Description

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 Manager’s 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.

Net Profit: $231,074

Business Summary

Business Snapshot

Price: $1,640,000 Net Profit: $231,074 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $585,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 40Total Units in Letting Pool: 15Owner Occupy Units: 21Outside Agent Units: 3Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesBBQ Area: Yes

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

1. Strong Net Profit: The business has a proven track record of generating a strong net profit of $231,074, providing a solid foundation for potential growth.

2. Prime Location: The resort is situated in a highly sought-after location, directly across from the picturesque Broadwater and in the heart of Biggera Waters, making it a popular destination for holidaymakers.

3. Turnkey Business: The business is fully operational and ready for new owners to step in and take over. It features 14 fully self-contained apartments in the holiday letting pool, making it a secure and easy-to-run complex.

4. Resort-Style Amenities: Guests can enjoy a relaxed stay with access to a pool, spa, BBQ area, and underground parking, all with minimal upkeep for the manager.

5. Low-Maintenance Operation: With limited gardens and common areas, the business requires less hands-on work for the manager, allowing for a more manageable workload.

6. Supportive Body Corporate: The business benefits from a cooperative and proactive committee, with 21 years remaining on the agreements.

7. Spacious Manager's Unit: The manager's unit is a well-appointed ground-floor apartment with 2 bedrooms, 2 bathrooms, a private courtyard, and a car space, providing a perfect balance between work and lifestyle.

8. Ideal for First-Time Operators: This business presents a great opportunity for first-time operators to enter the lucrative management rights industry, with a strong net profit and a prime location.

9. Potential for Growth: With a high-demand location and a proven track record of profitability, there is potential for growth and increased revenue for motivated new owners.

10. Fully Equipped: The business comes fully equipped and ready for new owners to take over and continue its success.

Management Rights Multiplier: 4.57
ROI Estimate: 21.90%