Broadbeach, Queensland
Broadbeach Holiday Resort with Stunning 3 Bedroom Unit
$2,820,000
Business Description
Are you seeking a thriving holiday management rights business in the heart of Broadbeach, Australia's premier tourism destination? Combine this with a net return exceeding $380k and a beautifully renovated, open-plan 3-bedroom manager's residence, then this is the business for you!
This exceptional holiday resort has been meticulously developed by long-term owners, earning outstanding reviews and fostering a loyal base of returning guests. The business features a mix of two and three-bedroom units, with 21 holiday units and 2 permanent rentals included in the letting pool.
Guests enjoy resort facilities, including a heated outdoor pool and spa, a full-size tennis court, two saunas, two BBQ areas, a games room, and secure underground parking.
With a strong net return exceeding $380k and $24k allocated for a part-time staff member to assist with operations, new owners can enjoy a well-balanced lifestyle.
Broadbeach is renowned for hosting vibrant events such as the Blues and Country Music Festivals. Its prime location offers unparalleled convenience, with lively dining and entertainment options, Pacific Fair Shopping Centre, the G: Link tram, The Convention Centre, The Star Casino and world class beaches all within walking distance.
Opportunities like this, featuring a modern and spacious three-bedroom residence, are rare. Call me today to discuss this exceptional offering!
Net Profit: $383,829
Property Code: 60
Business Summary
Business Snapshot
Price: $2,820,000
Remuneration / Body Corp Salary: $140,196Body corp salary review: CPI Annually
Managers Unit
Value of Managers Apartment: $980,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: YesFull Renovated 3 Bedroom, 2 Bathroom, Separate Laundry, Open Plan, High Ceilings
Complex Information
Complex Type: HolidayTotal Units in Complex: 66Total Units in Letting Pool: 23Owner Occupy Units: 26Outside Agent Units: 8Lockup Units: 9Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesSauna: YesTennis Court: YesGames Room: YesBBQ Area: Yes
Key Investment Insights
1. Prime location in the heart of Broadbeach, Australia's premier tourism destination.
2. Meticulously developed by long-term owners with outstanding reviews and a loyal base of returning guests.
3. Mix of two and three-bedroom units, with 21 holiday units and 2 permanent rentals in the letting pool.
4. Resort facilities including a heated outdoor pool and spa, full-size tennis court, saunas, BBQ areas, games room, and secure underground parking.
5. Strong net return exceeding $380k with $24k allocated for a part-time staff member.
6. Well-balanced lifestyle for new owners.
7. Rare opportunity to own a modern and spacious three-bedroom manager's residence.
8. Convenient location with lively dining and entertainment options, shopping, tram, casino, and beaches within walking distance.
9. Hosts vibrant events such as the Blues and Country Music Festivals.
10. Body corp salary review of CPI annually.
11. Complex information includes 66 units in total, with 23 in the letting pool and 26 owner-occupied units.
12. Resort facilities include a pool, spa, sauna, gym, tennis court, games room, and BBQ area.
13. Agreement module is standard with a 10-year term remaining.
14. Pet-friendly complex.
15. Full renovated three-bedroom manager's residence with high ceilings and separate laundry.
