Broadbeach, Queensland

Boutique Broadbeach Resort - ID 8541

$1,685,000

Business Description

UNDER CONTRACT

Gold Coast Management Rights For Sale
Refurbished Two-Bed Manager's Apartment

- 29 unit mid rise complex built in 1999
- Body corporate salary over $59,000
- Ability to grow business with outside agents and lockups
- Accommodation module with 23 years remaining on agreements
- Healthy sinking fund over $260,000 – little capital works planned
- Ideal location on the border of surfers paradise and broadbeach
- Very comfortable fully refurbished 2 bedroom managers apartment
- Minimal facilities with outdoor pool, spa and bbq area
- Large office/reception attached and on exclusive use
- Would suit experienced operator or first timer husbans and wife team

Ideal location close to beach, Star Casino, Pacific Fair, Broadbeach Art and Craft Markets, Kurrawa Park, Oasis Shopping Centre, Broadbeach Mall, Surfers Paradise, Gold Coast Convention Centre, Gold Coast Hinterland adventures and a short drive to all Gold Coast theme parks.

Net Profit: $179,000
Total Asking Price: $1,685,000
(Inclusive of manager's real estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Broker
Phil Trimble

Property Code: 590

Business Summary

Managers Unit

Complex Information

Marketing Agent

Key Investment Insights

1. The boutique resort is located in an ideal location on the border of Surfers Paradise and Broadbeach, making it easily accessible to popular attractions such as the beach, shopping centers, and theme parks.

2. The complex has a healthy sinking fund of over $260,000, with little capital works planned, providing financial stability for the future.

3. The accommodation module has 23 years remaining on agreements, providing a long-term opportunity for the buyer.

4. The business has the potential for growth with the ability to work with outside agents and lockups.

5. The manager's apartment has been fully refurbished and offers comfortable living for the onsite manager.

6. The complex has minimal facilities, including an outdoor pool, spa, and BBQ area, making it easy to manage and maintain.

7. The manager's office/reception is attached and on exclusive use, providing convenience for the onsite manager.

8. The business would suit an experienced operator or a first-time husband and wife team.

9. The net profit for the business is $179,000, providing a solid income for the onsite manager.

10. The total asking price of $1,685,000 includes the manager's real estate, making it an attractive investment opportunity.
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights, Resorts For Sale

You may also like

Permanent Management Rights - Option to Live on or Offsite
Exclusive - 1.86 Multiplier with 3-Bedroom Residence – ID 9144
Mid North Coast Riverfront Leasehold Motel with 25 Year Lease - 1P5993M
No Requirement To Live Onsite - ID 8411
Beachfront Going Concern Tourist Park, Far North Queensland - 1055CPF
FREEHOLD - MIXED-USE COMMERCIAL PROPERTY WITH APPROVALS & EXPANSION POTENTIAL | Resort Brokers ID : FH008317
Exclusive - Outstanding Modern Complex Caretaking Only - ID 9121
LEASEHOLD MOTEL WITH PRIME POSITION & PROVEN PERFORMANCE  | Resort Brokers ID : LH008313
UNLOCK INVESTMENT POTENTIAL: PRIME NARRABRI SERVICED APARTMENTS AWAIT! | Resort Brokers ID : FH008316
Enticing Business Opportunity
Well-established CBD Hotel with Gaming & Accommodation - 1P6039
ACCOMMODATION & TOURISM BUSINESS FOR SALE IN CAPE TRIBULATION - 2820MF
Multi-award winning resort - Tweed Byron Hinterland FHGC | Resort Brokers ID : FH008315
Absolute Beachfront Resort Complex
Waterfront Property within Resort
Drouin Motel - 1P6044
Small Permanent Complex in Southport - ID 8381
Beautiful Redlands Area