Broadbeach, Queensland
Management Rights - Opportunity for Active Equity Managers in Broadbeach
SOLD
Business Description
A unique opportunity presents for experienced equity active managers. This well-established central Broadbeach beachfront resort complex offers a fantastic return on investment.
A 15% share is available for an active couple/operator. The equity required is $254,600 (total cost of share $602,000) for a return of approx. $148,400 (includes Managers salary plus return on equity investment) which equates to a 58% ROI. In addition to this the active managers are provided with a two bedroom, two-bathroom refurbished ground floor unit for their own private use (approximate benefit of $40,000).
The complex features an outdoor pool, BBQ area, tennis court and secure car parking. The current active managers are set to retire after many years in the building. Due to strong growth and repeat visitors, the current silent equity investors are not looking to sell, emphasising confidence in the current business model.
Net: $148,400
Property Code: 1047
Business Summary
Managers Unit
Complex Information
Key Investment Insights
1. Unique opportunity for experienced equity active managers to acquire a 15% share in a well-established central Broadbeach beachfront resort complex.
2. Fantastic return on investment with a 58% ROI, with an equity investment of $254,600 for a return of $148,400.
3. Active managers are provided with a two bedroom, two-bathroom refurbished ground floor unit for their own private use, with an approximate value of $40,000.
4. Complex features outdoor pool, BBQ area, tennis court, and secure car parking.
5. Current active managers are set to retire after many years in the building, presenting an opportunity for new management.
6. Strong growth and repeat visitors demonstrate confidence in the current business model.
7. Net profit of $148,400.
8. Property Code: 1047.
9. Managers unit included in the sale.
10. Detailed complex information available for potential buyers.
