Biggera Waters, Queensland

Holiday Management Rights - Broadwater Lifestyle, No Set Office Hours

$1,450,000

Business Description

Embrace the ultimate coastal lifestyle with this exceptional management rights business, perfectly positioned opposite the beautiful Broadwater. This well-established holiday resort offers a relaxed and profitable operation in one of the Gold Coast’s most sought-after waterfront locations. Just moments from Harbour Town, Runaway Bay Sports Centre, cafés, playgrounds, and local attractions.

Key Investment Highlights:

- Strong Profitability: Consistent performer with a proven net profit of $200,372.

- Prime Location: Located directly across from the Broadwater in the heart of Biggera Waters, a long-time favourite for families and holidaymakers alike.

- NO Set Office Hours: Operate on your terms with an easily managed business structure.

- Resort-Style Facilities: Pool, spa, BBQ area, and secure underground parking.

- Low-Workload Operation: Minimal gardens and shared spaces make for simple management and more lifestyle time.

- Healthy Agreement – 19 years remaining on the agreement.

- Manager’s Unit: The comfortable ground-floor residence features 2 bedrooms, 2 bathrooms, a private courtyard, and secure car space.

- Priced to Sell – low multiplier on the business and excellent buying for the managers unit.

This business represents an outstanding opportunity for first-time operators or experienced managers seeking a flexible, profitable, and easy-to-run operation in an unbeatable location.

Don’t miss this chance to secure a proven performer overlooking the Broadwater. Contact Craig today for further details or to arrange a private inspection.

Net Profit: $200,372

Property Code: 103

Business Summary

Business Snapshot

Price: $1,450,000 Net Profit: $200,372 Remuneration / Body Corp Salary: $80,681Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

2 Bedroom, 2 Bathroom, Large Courtyard, 1 Car Park

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: 19 yearsPool: YesSpa: YesBBQ Area: Yes

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

1. Proven net profit of $200,372, indicating strong historical profitability.
2. Asking price $1,450,000, offering a low multiplier and described as priced to sell.
3. Manager’s remuneration/body corporate salary $80,681, with annual CPI review.
4. Manager’s unit valued at $650,000, included on title, ground-floor, 2 bedrooms, 2 bathrooms, large private courtyard, 1 car space, pets allowed.
5. Long, healthy agreement structure, 25-year original term with 19 years remaining.
6. Prime waterfront location directly opposite the Broadwater in Biggera Waters, close to Harbour Town, Runaway Bay Sports Centre, cafés and playgrounds.
7. No set office hours, enabling flexible, lifestyle-friendly operation.
8. Resort-style facilities include pool, spa, BBQ area and secure underground parking.
9. Low-workload operation, minimal gardens and shared spaces simplify management.
10. Complex scale: 40 total units, 15 in the letting pool, 21 owner-occupied units, 3 outside agent units, single manager unit.
11. Accommodation agreement module suited to holiday letting, matching the holiday complex profile.

Management Rights Multiplier: 3.99
ROI Estimate: 25.05%