Broadbeach, Queensland

Excellent Management Rights Opportunity in Broadbeach! | Resort Brokers ID : MR007049

$2,195,000

Property Description

Extremely well run complex selling on actual figures of 2021 which are down on previous years and a low multiplier of 4.67. Now is the time to purchase this business with long agreements and one of the best locations on the Gold Coast. With a motivated vendor and upside aplenty, this opportunity will not last!



  • Extremely well run and tidy complex

  • Enviable Broadbeach location

  • Long agreements - 22 years remaining

  • Very low multiplier of 4.67!

  • Buy on actual/low figures of 2021

  • Be part of the 2022 domestic tourism boom on the Gold Coast

  • Motivated vendors ready to retire!

  • Property inspections are by appointment only

Date updated: 23 Jan 2022 22:00:10

Property Summary

Business Snapshot

Price: $2,195,000 Net Profit: $321,000 Remuneration / Body Corp Salary: $52,447

Managers Unit

Value of Managers Apartment: $695,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 28Total Units in Letting Pool: 16Holiday Units: 16Owner Occupy Units: 5Outside Agent Units: 2Lockup Units: 5Agreement Term Remaining: 22 years
Marketing Agent
Steve Campbell
Steve Campbell

Listing location
Gallery

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