Broadbeach Waters, Queensland
Ideal Add-0n and Ideally Situated!!
$355,000
Business Description
Ideal Add-0n and Ideally Situated!!
The Complex is conveniently situated and in close proximity to all the amenities on offer in Broadbeach.
An older style complex, sturdy, well-built and widely recognised as a premium low-rise building.
Complex Features: Tranquil resort style lap pool with spa, Saunas, BBQ Area, Recreational areas, Landscaped gardens, Secure complex with gated entry.
On Offer: Caretaking and Letting opportunity with no set hours, no need to reside onsite, no need to purchase an apartment, contactable, secure salary and a great working environment.
Well worth an inspection!!!
To arrange an inspection call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: $355,000
Net Profit: $83,300 Remuneration / Body Corp Salary: $66,700
Complex Information
Complex Type: PermanentTotal Units in Complex: 32Total Units in Letting Pool: 9Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesSauna: YesBBQ Area: Yes
Key Investment Insights
1. Price is $355,000 with reported net profit of $83,300, indicating a clear buyer cost and earnings profile.
2. Remuneration/body corporate salary of $66,700 provides a secure, contactable income stream separate from net profit.
3. Caretaking and letting role requires no set hours, no requirement to reside onsite, and no need to purchase an apartment, enhancing work–life flexibility.
4. Agreement is a standard module with a 10 year term, approximately 9 years remaining, offering medium-term contract security.
5. Complex has 32 total units with 9 units in the letting pool, indicating immediate letting management responsibilities and potential to expand the pool.
6. Prime location in Broadbeach, close to local amenities, supporting strong demand for short-term accommodation and guest services.
7. Older, sturdy, well-built low-rise complex that is widely recognised as a premium building, supporting reputation and long-term asset stability.
8. Resort-style onsite facilities include a lap pool, spa, saunas, BBQ area, recreational areas and landscaped gardens, strengthening guest appeal and letability.
9. Secure complex features gated entry, which enhances resident and guest safety and supports premium positioning.
10. Opportunity marketed as an ideal add-on and ideally situated, suggesting compatibility for buyers with existing accommodation management businesses or those seeking an additional income stream.
