Biggera Waters, Queensland

Broadwater Shoreline!!

$2,990,000

Business Description

Broadwater Shoreline!!

This complex allows for magnificent views over the sparkling Broadwater, and is perfectly located on the quiet northern end of the Gold Coast. Enjoy the lifestyle of relaxed weekends on the beach or walking/cycling along the waterfront pathways that stretch for kilometres in either direction, and furthermore enjoy easy access to Griffith University, Gold Coast University Hospital, and Runaway Bay Shopping Centre and Harbour Town for outlet shopping.

Residents and guests have access to a range of facilities, including a cafe, gymnasium, sauna, and a games room. Two pools are available within the building: one on the ground level and another on the rooftop, offering breathtaking views of the Gold Coast.

On offer: long term agreements, great net profit, great location, great amenities.

The managers unit comprises 2-bed,1-bath with an open plan living area and a fully functional kitchen. A detached on title office and one secure car space.

To arrange an inspection call: Gavin

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Business Summary

Business Snapshot

Price: $2,990,000 Net Profit: $500,000 Remuneration / Body Corp Salary: $198,000

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On Title

Complex Information

Complex Type: HolidayTotal Units in Complex: 66Total Units in Letting Pool: 31Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: YesFunction Facilities: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

AI generated. Confirm details with the seller.

1. Asking price $2,990,000 with reported net profit $500,000, implying a high reported EBITDA yield of roughly 16.7 percent.
2. Remuneration/body corporate salary of $198,000 included, indicating significant owner/operator cash earnings above reported net profit.
3. Managers unit valued at $600,000, comprising 2 bedrooms, 1 bathroom, open plan living, fully functional kitchen, one secure car space, and an on‑title detached office.
4. Long term commercial agreement structure, 25 year original term with 19 years remaining, providing tenure security for ongoing operations.
5. Complex configured as a holiday accommodation operation, 66 total units with 31 units in the letting pool, approximately 47 percent of stock revenue-generating via management.
6. Prime Broadwater waterfront location on the quiet northern Gold Coast, offering expansive water views and lifestyle appeal for guests and residents.
7. Proximity to major demand drivers including Griffith University, Gold Coast University Hospital, Runaway Bay Shopping Centre, and Harbour Town outlet shopping.
8. Strong on-site amenity mix including two pools (ground and rooftop with panoramic Gold Coast views), spa, sauna, gymnasium, tennis court, games room, café, BBQ and function facilities, supporting guest satisfaction and revenue uplift.
9. Rooftop pool and waterfront vistas provide clear marketing and premium pricing advantages.
10. Sale includes on-title manager’s office, supporting operational continuity and on-site management capability.
11. Holiday complex positioning and extensive facilities suggest diversified revenue opportunities from short stays, functions and on-site F&B.

Management Rights Multiplier: 4.78
ROI Estimate: 16.72%