Biggera Waters, Queensland

Broadwater Shoreline - Price Review!!

$2,700,000

Business Description

Broadwater Shoreline - Price Review!!

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 kilometers 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: $2,700,000 Net Profit: $451,000 Remuneration / Body Corp Salary: $202,000

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 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: 18 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: YesWIFI: YesFunction Facilities: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Listed price $2,700,000, with reported net profit $451,000, implying an approximate return on price of 16.7% annually.
2. Owner remuneration/Body Corp salary of $202,000, indicating significant owner cashflow on top of net profit.
3. Managers unit included on title, 2 bedrooms and 1 bathroom, valued at $750,000, plus one secure car space and a detached on‑title office.
4. Long-term contractual stability, original agreement term 25 years with 18 years remaining, providing predictable income continuity.
5. Letting pool scale of 31 units within a 66‑unit complex, offering a sizeable managed revenue base.
6. Prime northern Gold Coast location with direct Broadwater frontage, coastal pathways, and strong lifestyle appeal for guests.
7. Close proximity to Griffith University, Gold Coast University Hospital, Runaway Bay Shopping Centre and Harbour Town, broadening demand drivers.
8. Strong on-site amenity offering including cafe, gymnasium, sauna, spa, games room, two pools including a rooftop pool with panoramic views, tennis court, BBQ area, WIFI and function facilities, enhancing guest experience and yield potential.
9. Rooftop pool and waterfront views represent notable premium features for marketing and higher ADR potential.
10. Managerial and operational infrastructure present, with an on‑title office and dedicated managers apartment facilitating owner/operator or low transition costs.

Management Rights Multiplier: 4.32
ROI Estimate: 16.70%