Biggera Waters, Queensland
Time to open up the Atrium with an appealing 15% ROI | Resort Brokers ID : MR008619
$3,300,000
Business Description
ResortBrokers presents The Atrium Resort in Biggera Waters, a lucrative management rights business with a net operating profit over $450,000. Situated on Marine Parade, this asset offers a balanced mix of permanent and holiday letting across 66 units. With over 20 years remaining on the accommodation module, it ensures long-term stability. Facilities include a rooftop pool, gym, and tennis court. The manager’s residence is a two-bedroom unit with an office on title. Ideal for experienced or first-time buyers, this opportunity promises a robust return and a vibrant lifestyle.
- Long-term accommodation module with over 20 years remaining
- Net operating profit exceeding $450,000
- Balanaced mix of permanent and holiday letting
- Prime location on the shores of the Broadwater
- Extensive facilities including rooftop pool, gym, and tennis court
- Cozy two-bedroom manager's residence with office on title
- Inspections by appointment only
Date updated: 16 Mar 2025 22:00:06
Business Summary
Business Snapshot
Price: $3,300,000
Net Profit: $500,450 Remuneration / Body Corp Salary: $198,000
Managers Unit
Value of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 1Office: On TitleComplex Information
Complex Type: Resort / HolidayTotal Units in Complex: 66Total Units in Letting Pool: 30Owner Occupy Units: 34Outside Agent Units: 1Agreement Term Remaining: 19 years