Broadbeach, Queensland

Calling all new comers to the management rights industry! | Resort Brokers ID : MR007046

$1,460,000

Property Description

This business has been an outstanding performer for the vendor for some 14 years. Location is key to the ongoing and long term success of this business. Ideally located right in the heart of all that Broadbeach has to offer and 300m from the beach. The manager's residence is a well-appointed two bed two bathroom with a good size back courtyard and the office attached to the unit and on title. Although if you choose to live offsite and rent out the managers unit that is your choice with this complex. The business has 20 units of 30 in the letting pool. You really should inspect this excellent little business today.




  • 24 years remaining on the agreements

  • Two bed two bath manager's unit with office on title

  • Consistent performer over the years

  • Supportive BC Committee

  • Complex run by one person

  • Limited caretaking required

  • Property inspections are by appointment only


Date updated: 23 Jan 2022 22:00:10

Property Summary

Business Snapshot

Price: $1,460,000 Net Profit: $188,900 Remuneration / Body Corp Salary: $51,246

Managers Unit

Value of Managers Apartment: $535,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 30Total Units in Letting Pool: 20Holiday Units: 20Owner Occupy Units: 4Outside Agent Units: 6Agreement Term Remaining: 24 years
Marketing Agent
Steve Campbell
Steve Campbell

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

27 High Quality Rooms with Huge 3 Bedroom/2 Bathroom Residence Overlooking the Golf Club Fairways - 1P5440M
Brand new 30 yr lease - 41 room fully refurbished regional motel and restaurant | Resort Brokers ID : LH007078
New Lease on Large Tourist and Cabin Park in a popular tourist destination | Resort Brokers ID : LH007083
Fully refurbished, 41 Room Freehold Motel located in major regional centre in SA | Resort Brokers ID : FH007077
Business For Sale - The Perfect Beachside Location - ID 9042 BL
Business For Sale - Rare Opportunity in Prime Location - ID 9043 BL
UNIQUE MANAGEMENT RIGHTS IN HERVEY BAY WITH SOLID ROI | Resort Brokers ID : MR007060
2482MF - OUTSTANDING FREEHOLD CENTRALLY LOCATED WITHIN POPULAR COASTAL DESTINATION
Exceptional 19 room 4 Star leasehold motel on NSW Sapphire Coast | Resort Brokers ID : LH007040
483ML - HUGE PROFITS, EXCELLENT PRESENTATION, DON'T HESITATE
Caretaking Business right in the heart of Palm Beach | Resort Brokers ID : MRC007080
Perfectly Positioned Motel in Strong Regional Town - 1P5431M
Quality well positioned property with consistent annual trade | Resort Brokers ID : LH007075
The Best Priced Motel on the Market - 1P5434M
2688MF - BEACHFRONT FREEHOLD MOTEL, WITH STRONG INCOME AND LIFESTYLE
Opportunity knocks! Outstanding leasehold motel in a desirable seaside location | Resort Brokers ID : LH007071
Luxury 19 room regional hotel, showing 36.2% return. | Resort Brokers ID : LH007069
High net, low maintenance only 5kms from Brisbane CBD, perfect for a team of 2!  | Resort Brokers ID : MR007072