Broadbeach, Queensland

Scale, Location & Verified Profit – A Standout Coastal Investment

Under Contract / Offer

Business Description

Wake up each morning to the sound of the Pacific Ocean, step outside to golden sand just metres away, and spend your days operating a thriving accommodation business in one of Australia’s most iconic coastal destinations. Opportunities like this in Broadbeach rarely present themselves.

Positioned directly opposite the beach in the vibrant heart of Broadbeach, this resort captures everything buyers love about the Gold Coast lifestyle. Guests are drawn year-round to this sought-after precinct where world-class beaches meet a buzzing café and dining scene, boutique shopping at Pacific Fair, the Gold Coast Convention Centre and entertainment at The Star Casino. From beachfront markets and international events to endless sunshine and surf, Broadbeach remains one of Queensland’s premier tourism destinations.

At the centre of it all sits this high-performing management rights business within an established multi-level tower of 84 residential lots, comprising 50 one-bedroom and 34 two-bedroom apartments. With 52 units currently in the letting pool and no dominant multi-unit ownership, the business enjoys excellent spread, stability and long-term security.

Financial performance tells the story. For the 12 months to 31 July 2025, independently verified net operating profit was not less than $745,390, including $44,045 from leaseback units. Even excluding leaseback income, the core business generates more than $701,000 in verified net profit, supported by strong 90% occupancy and an average nightly tariff of $256.

A CPI-linked Body Corporate salary of $115,373 per annum provides secure baseline income, while the proven two-person operational model, established systems and reception infrastructure offer immediate operational confidence. Current managers are employed and would love to stay on if required.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $745,390 Remuneration / Body Corp Salary: $115,373

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 2Bathrooms: 2Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 84Total Units in Letting Pool: 53Owner Occupy Units: 10Outside Agent Units: 16Lockup Units: 5Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

Syd Douglas

0427973....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Independently verified net operating profit of $745,390 for the 12 months to 31 July 2025.
2. Core business generated more than $701,000 verified net profit excluding $44,045 leaseback income.
3. CPI linked Body Corporate salary of $115,373 provides secure baseline remuneration.
4. Directly opposite Broadbeach beach, near Pacific Fair, Gold Coast Convention Centre, The Star Casino, cafés, dining and shopping.
5. Established permanent complex comprises 84 residential lots, including 50 one bedroom and 34 two bedroom apartments.
6. Letting pool comprises 53 units, with no dominant multi unit ownership supporting portfolio spread.
7. Strong operating metrics include 90% occupancy and an average nightly tariff of $256.
8. Proven two person operating model, established systems and reception infrastructure support immediate operational continuity.
9. Current employed managers would like to remain, potentially supporting a smooth transition.
10. Managers apartment includes two bedrooms, two bathrooms and one car space, with stated value of $950,000.
11. Management rights agreement has 22 years remaining from an original 25 year term.

Management Rights Multiplier: 6.10
ROI Estimate: 13.55%