Broadbeach, Queensland

OPPORTUNITIES ABOUND | Resort Brokers ID : MR007027

$1,200,000

Property Description

This is an ideal opportunity for an astute operator to take this business from where is today and return it to where it was in the past, a $500k netting business. Circumstances have resulted in this business falling below what could be expected under professional management. The manager's unit is a three bedroom, two bathroom apartment, located directly behind reception on the ground floor.



  • Upside –opportunity to grow letting pool

  • Opportunity to take this business back to where it was consistently performing

  • Opportunity to purchase this business at a discounted price

  • Property inspections are by appointment only

Date updated: 23 Jan 2022 22:00:10

Property Summary

Business Snapshot

Price: $1,200,000 Net Profit: $101,410 Remuneration / Body Corp Salary: $101,410

Managers Unit

Value of Managers Apartment: $700,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 68Total Units in Letting Pool: 14Holiday Units: 14Owner Occupy Units: 32Outside Agent Units: 22Agreement Term Remaining: 12 years
Marketing Agent
Steve Campbell
Steve Campbell

Listing location
Gallery

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