Key Investment Insights
AI generated. Confirm details with the seller.
1. Net return of $400,942 presents a substantial income opportunity in a sought after Broadbeach location.
2. The current owner has operated the business successfully for eight years.
3. Manageable letting pool comprising 27 holiday apartments with one and two bedroom self contained layouts.
4. Resort facilities include a pool, spa and secure underground parking.
5. Caretaker remuneration is $81,506, with a CPI increase scheduled each September.
6. The accommodation module has 22 years remaining, supporting longer term operational continuity.
7. Spacious manager residence includes an office, two bedrooms, two bathrooms, balcony and two car parks.
8. Broadbeach location provides access to Pacific Fair, The Star Casino, beaches, tram services, Convention Centre, dining and entertainment.