Broadbeach Waters, Queensland
Broadbeach Waters Permanent Management Rights Opportunity - Flexible Lifestyle with No Real Estate to Purchase
$350,000
Business Description
Ideally positioned in Broadbeach Waters, this well-established permanent management rights opportunity offers an excellent entry into one of the Gold Coast’s most sought-after locations.
The current owners have successfully operated the business for over nine years and are now offering the opportunity to the market as they prepare for retirement. The secure gated complex features underground parking and comprises of 32 units, with 9 currently in the letting pool. The manager also benefits from an exclusive-use office within the complex.
This tropical inspired low-rise complex is surrounded by beautifully landscaped gardens, the property provides residents with a relaxed, resort-style environment. Residents enjoy a range of facilities including a 23-metre lap pool with spa, sauna and a BBQ recreation area, creating an appealing lifestyle setting within the complex.
This is a rare caretaking and letting opportunity offering outstanding flexibility. There are no set office hours, no requirement to reside onsite, no weekend work and no need to purchase an apartment, making it an ideal option for buyers seeking lifestyle balance. The role offers a secure remuneration package, straightforward duties of approx. 20 hours per week Monday-Friday and an extremely supportive body corporate, with the manager simply required to remain contactable as needed.
Conveniently located just five minutes’ drive from Pacific Fair Shopping Centre, The Star Casino, the Broadbeach beachfront and a wide selection of cafes and restaurants, the complex enjoys easy access to some of the Gold Coast’s best amenities.
An easy-to-manage complex in a prime location, this opportunity is well worth an inspection for anyone looking to secure a flexible and rewarding management rights business on the Gold Coast or add on to an existing business.
Contact Craig today to find out more.
Net: Profit: $85,920
Property Code: 115
Business Summary
Business Snapshot
Price: $350,000
Net Profit: $85,920 Remuneration / Body Corp Salary: $69,436Body corp salary review: CPI Annually
Complex Information
Complex Type: PermanentTotal Units in Complex: 32Total Units in Letting Pool: 9Owner Occupy Units: 19Outside Agent Units: 2Lockup Units: 2Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesSauna: YesBBQ Area: Yes
Key Investment Insights
1. Price $350,000 with reported net profit $85,920, offering clear headline financials for valuation and ROI assessment.
2. Secure remuneration package includes body corporate salary $69,436, reviewed annually by CPI, providing predictable income growth.
3. Established business with over nine years of owner operation, indicating operational continuity and institutional knowledge.
4. Permanent management rights for a 32‑unit complex, with a 10‑year agreement term and nine years remaining, delivering multi‑year contractual security.
5. Letting pool of nine units, 19 owner‑occupied units and two outside agent units, suggesting capacity to grow letting income.
6. Low weekly time commitment of approximately 20 hours Monday to Friday, no weekend work, and no requirement to reside onsite, enabling strong lifestyle flexibility.
7. Exclusive-use onsite office, secure gated complex and underground parking, supporting professional operations and resident security.
8. Resort‑style amenities including a 23-metre lap pool, spa, sauna and BBQ recreation area, enhancing appeal to tenants and owners.
9. Tropical low‑rise building with landscaped gardens, reinforcing the relaxed resort-style lifestyle proposition.
10. Prime location five minutes’ drive from Pacific Fair Shopping Centre, The Star Casino, Broadbeach beachfront and numerous cafes and restaurants, supporting high demand and strong rental appeal.
11. Rare caretaking and letting combo with no apartment purchase required, attractive for buyers seeking an add‑on or lifestyle investment.
12. Extremely supportive body corporate and straightforward duties, reducing operational friction and easing transition for a new manager.
