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 current cashflow.
2. Sale price $1,450,000, with seller noting a low multiplier and "priced to sell" positioning.
3. Manager’s unit valued at $650,000, 2 bedrooms, 2 bathrooms, ground-floor private courtyard, 1 secure car space, on title and pets allowed.
4. Additional remuneration/body corp salary of $80,681, reviewed annually by CPI, providing indexed income growth.
5. Prime Broadwater location in Biggera Waters, directly opposite the Broadwater and close to Harbour Town, Runaway Bay Sports Centre, cafés and family attractions.
6. No set office hours, offering lifestyle flexibility and an easily managed operating model.
7. Resort-style facilities including pool, spa, BBQ area and secure underground parking, enhancing guest appeal.
8. Low-workload operation with minimal gardens and shared spaces, supporting a hands-off management style.
9. Established long-term agreement structure, 25-year agreement with 19 years remaining, providing operational stability.
10. Complex scale of 40 units, with 15 in the letting pool and 21 owner-occupy units, indicating potential to grow letting pool revenue.
11. Only one manager unit on site and three outside-agent units, suggesting limited direct competition for management within the complex.
12. Appealing to first-time operators or experienced managers seeking a flexible, lifestyle-oriented, profitable coastal management rights business.

Management Rights Multiplier: 3.99
ROI Estimate: 25.05%