Broadbeach, Queensland
Iconic central Gold Coast holiday resort - circa $727K net | Resort Brokers ID : MR007949
Under Contract / Offer
Business Description
ResortBrokers is excited to present an opportunity to acquire the management rights and associated real estate to one of the finest and most iconic high-rises in the Gold Coast tourism mecca that is Broadbeach.
- Luxury high-rise in prime location
- Strong historical performance and excellent forward bookings
- Solid upside; net profit is increasing monthly
- Large Body Corporate Salary
- Caretaking and Letting Agreement well over 20 years
- High-end resort-style facilities throughout
- Two offices under occupational authority
- Luxurious, very spacious manager’s unit - 2 bed + MPR + 1 carpark
- Property inspections are by appointment only
Date updated: 01 Dec 2024 22:00:05
Business Summary
Business Snapshot
Price: Under Contract / Offer
Net Profit: $727,056 Remuneration / Body Corp Salary: $151,085
Managers Unit
Value of Managers Apartment: $1,200,000Bedrooms: 2Bathrooms: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 83Total Units in Letting Pool: 30Owner Occupy Units: 33Outside Agent Units: 6Lockup Units: 13Agreement Term Remaining: 24 years
