Broadbeach, Queensland
Prime Location, Large Income and Sustainable Business in Broadbeach
$2mil Business + $850k Unit = Total $2.850mil
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
Key Investment Insights
1. Net return of $400,942, indicating strong profitability for an owner-operator.
2. Prime Broadbeach location, close to Pacific Fair Shopping Centre, The Star Casino, pristine beaches, Gold Coast Link tram and the Convention Centre.
3. Located in a high-demand tourism precinct with major events such as the annual Blues and Country Music Festivals driving visitation.
4. Manageable letting pool comprising 27 holiday apartments, with a mix of one and two bedroom self-contained units.
5. Affordable guest price point, supporting broad market appeal and occupancy potential.
6. Resort facilities include pool and spa, plus secure underground parking, enhancing guest experience and yield potential.
7. Long accommodation module agreement with 22 years remaining, providing tenure security for the management rights.
8. Caretaker remuneration of $81,506, indexed with a CPI increase each September, offering predictable income escalation.
9. Spacious manager residence on-site, with office, two bedrooms, two bathrooms, balcony and two carparks, supporting on-site management and lifestyle.
10. Current owner has operated the business successfully for eight years, demonstrating operational stability.
11. Proactive Body Corporate with a proven history of top-ups, indicating supportive strata governance and potential capital improvements funding.
12. Positioned as a sustainable lifestyle and investment opportunity, combining recurring income with tourist-driven demand.