Broadbeach, Queensland
Broadbeach Holiday Management Rights 400k+ Net Profit
$2,690,000
Business Description
Exceptional Holiday Management Rights | Prime Broadbeach Location
A rare opportunity to secure a high-performing holiday management rights business in the heart of Broadbeach, one of the Gold Coast’s most sought-after tourism and lifestyle destinations.
This exceptional business delivers an impressive net profit of $400,942, presenting an outstanding combination of strong financial returns, full 25 years on agreement and an enviable coastal lifestyle and long-term security.
The current owner has successfully operated the business for the past ten years, with the business benefiting from a proactive body corporate and a proven history of top-ups, providing confidence for the incoming operator.
The business is further enhanced by a dual key ground-floor manager’s residence, featuring two bedrooms, two bathrooms and a private balcony. Alternatively opt to rent out the second room with its own separate entry, due to its dual key feature.
KEY FEATURES
- $400,942 Net Profit – exceptional underlying income
- Full 25 years on the agreement
- 27 Apartments in the Letting Pool – comprising a mix of one and two-bedroom self-contained apartments
- Ground-Floor Manager’s Residence – two bedrooms, two bathrooms and balcony – dual key
- Resort Facilities – swimming pool, spa and secure underground parking
- Proactive Body Corporate – with a proven history of top-ups
- Established Business – successfully operated by the current owner for ten years
- Prime Broadbeach Location – positioned within walking distance of beaches, dining, entertainment and major attractions
Broadbeach is renowned for its stunning beaches, vibrant dining scene and year-round tourism appeal, Broadbeach is one of the Gold Coast’s most tightly held and desirable destinations.
The location places you within easy reach of Pacific Fair Shopping Centre, The Star Gold Coast, Gold Coast Convention and Exhibition Centre, the G: Link light rail, world-class beaches and an exceptional selection of restaurants, cafes and entertainment venues.
Broadbeach also plays host to a calendar of major events and festivals throughout the year, ensuring a strong and consistent tourism market.
With exceptional income, a quality dual key manager’s residence, long-term agreement and an outstanding Broadbeach location, this is an opportunity not to be overlooked.
Contact Craig today to arrange a confidential discussion and learn more about this outstanding management rights opportunity.
Net Profit: $400,942
Property Code: 138
Business Summary
Business Snapshot
Price: $2,690,000
Remuneration / Body Corp Salary: $81,506Body corp salary review: CPI Annually
Managers Unit
Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes2 Bedroom, 2 Bathroom, Balcony (also dual key), 1 Car Space
Complex Information
Complex Type: HolidayTotal Units in Complex: 41Total Units in Letting Pool: 27Owner Occupy Units: 9Outside Agent Units: 5Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesSpa: YesBBQ Area: Yes
Key Investment Insights
AI generated. Confirm details with the seller.
1. Reported net profit of $400,942 provides a strong income foundation.
2. Management agreement has a 25 year term, with 22 years remaining.
3. Letting pool comprises 27 self contained apartments with a mix of one and two bedroom layouts.
4. Prime Broadbeach location within walking distance of beaches, dining, entertainment and major attractions.
5. Current owner has successfully operated the business for ten years.
6. Proactive body corporate with a proven history of agreement top ups.
7. Ground floor manager’s residence features two bedrooms, two bathrooms, a private balcony and dual key configuration.
8. The residence’s second room has a separate entry and can be rented out.
9. Resort facilities include a swimming pool, spa, barbecue area and secure underground parking.
10. Manager’s unit includes an office on title, one car space and permission for pets.
11. Nearby attractions include Pacific Fair, The Star Gold Coast, the convention centre and G: Link light rail.
