Broadbeach, Queensland

Prime Location, Large Income and Sustainable Business in Broadbeach

$1.92mil Business + $850k Unit = Total $2.77mil

Business Description

NEXT Realty is proud to present this exceptional Broadbeach opportunity, delivering a net return $400,942, a rare combination of lifestyle and investment. Located in the heart of Broadbeach, the resort offers great accommodation at an affordable guest price point. The current owner has successfully operated the business for the past eight years, supported by a proactive Body Corporate with a proven history of top-ups.

Broadbeach is renowned for its vibrant events, including the annual Blues and Country Music Festivals, while its unbeatable location offers easy access to Pacific Fair Shopping Centre, The Star Casino, Pristine beaches, Gold Coast Link tram, Convention Centre, and a diverse range of dining and entertainment.

- Manageable letting pool, 27 holiday apartments with a mix of one and two bedroom self-contained apartments
- Great resort facilities, pool and spa and secure underground parking
- Good caretaker remuneration $81,506 with an increase of CPI every September
- Long agreement of 22 years left on the accommodation module
- Spacious manager residence with office, 2 bedrooms, 2 bathrooms, balcony and 2 Carparks

Seeking a thriving holiday management rights business in the heart of Broadbeach, one of Australia's most sought-after tourism destinations? Contact David Jiang to learn more about the great management rights business opportunity!

Business Summary

Complex Information

Marketing Agent

David Jiang

0481500....

Next Business & Property Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net return of $400,942, indicating strong cashflow potential.
2. Prime Broadbeach location, walking access to Pacific Fair Shopping Centre, The Star Casino, pristine beaches, Gold Coast light rail, Convention Centre, dining and entertainment.
3. Tourism-driving local events, including annual Blues and Country Music Festivals, supporting demand.
4. Manageable letting pool of 27 holiday apartments, mixed one and two bedroom self-contained units.
5. Affordable guest price point, appealing to broad market segments and occupancy potential.
6. Great resort facilities, including pool, spa and secure underground parking, enhancing guest appeal and yield.
7. Long accommodation module agreement with 22 years remaining, providing contract stability.
8. Established owner-operator with eight years of operation, reducing transition risk.
9. Proactive Body Corporate with a proven history of top-ups, indicating financial support for asset maintenance.
10. Caretaker remuneration of $81,506 with CPI increases each September, offering predictable staff cost escalations.
11. Spacious on-site manager residence with office, two bedrooms, two bathrooms, balcony and two carparks, supporting hands-on management and accommodation needs.