Burleigh Heads, Queensland

Live in the heart of Burleigh beachside

SOLD

Business Description

Live in Burleigh near all the restaurants pubs, beachs shopping etc...Low Multiple. Holiday complex available. Has done well during the Covid mess and continues to be popular with return guests. They love the locality and you will too !!! Chance to renovate the Managers apartment and gain some extra dollars down the track. Prices of units continue to increase on the GC but particularly at Burleigh. 3 bedrooms are very rare and this unit is Spacious!!!!!!

3 BEDROOM 2 BATHROOM SPACIOUS UNIT WITH 2 BALCONIES
2 SECURE UNDERCOVER CARPARKS
UNIT 735K (valued in 2020 by HTW)

NETTING: 125K (ACTUAL)
BC SALARY : $42,000

10 YEARS (REGULAR TOPS UPS HAVE BEEN PERFORMED)
CURRENT OWNER BEEN THERE FOR 6 YEARS WANTS TO RETIRE
9 HOLIDAY IN POOL (30 IN COMPLEX)
HEAPS IN SINKING FUND
WALK TO RESTUARANTS, SCHOOLS, SHOPS, BEACH, PUB
Can be easily Managed by one person (has been for the last 6 years)
Call Kerrie Lush ----------
ONLY 40 SECONDS WALK TO BEACH (IF YOU ARE BRISK)
CLOSE TO JAMES STREET AND RESTAURANTS/SURF CLUBS ETC

BURLEIGH HEADS BEST KEPT SECRET!!!
4 Star Holiday accommodation of spacious one, two or three bedroom fully self-contained apartments featuring en-suite, fully equipped kitchen with microwave, laundry facilities, CABLE TV, Air-conditioning, DVD and balcony. Wireless Broadband Internet is now available.

Secure stairwells with individual basement parking for vehicles and storage.

Set amongst tropical gardens with a solar heated swimming pool and BBQ area and whilst we are not beachfront, one of Australia's best surfing beaches is only 50 metres away.

Spacious managers apartment with large family room, 3 bedroom with en-suite to main. 204sqm inclusive of 2x patio's. Managers office and garage/storage facility to basement level. Master bedroom has air/con. Two car parks.

Business Summary

Business Snapshot

Price: SOLD Net Profit: $125,000

Managers Unit

Bedrooms: 3Bathrooms: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 30Total Units in Letting Pool: 8Owner Occupy Units: 14Outside Agent Units: 3Lockup Units: 2Agreement Term: 10 yearsAgreement Term Remaining: 9 years
Marketing Agent
Kerrie Lush
Kerrie Lush

Robert Collins
Robert Collins

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime location in the heart of Burleigh beachside, close to restaurants, pubs, shopping, and the beach.

2. Low multiple and high net profit, making it a profitable investment opportunity.

3. Proven resilience during the COVID-19 pandemic, with a strong track record of return guests.

4. Opportunity to renovate the manager's apartment and increase income in the future.

5. Increasing property prices in the area, making it a valuable long-term investment.

6. Rare 3 bedroom, 2 bathroom spacious unit with 2 balconies, perfect for families or larger groups.

7. 2 secure undercover carparks included, providing convenience and security for guests.

8. Well-maintained complex with a high sinking fund and regular top-ups.

9. Easy management with the current owner managing the property alone for the past 6 years.

10. Only 40 seconds walk to the beach and close to popular attractions such as James Street and surf clubs.

11. 4-star holiday accommodation with fully self-contained apartments and modern amenities.

12. Secure stairwells and individual basement parking for vehicles and storage.

13. Set amongst tropical gardens with a solar heated swimming pool and BBQ area.

14. Spacious manager's apartment with large family room, 3 bedrooms, and 2 bathrooms.

15. Highly sought-after location and a well-kept secret in Burleigh Heads.
Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

A Rare Opportunity to Aquire a Luxurious and Highly Profitable Management Rights Business
Blue Chip Management Rights with the Ocean at Your Doorstep
Townsville Permanent Management Rights Opportunity, No Real Estate to Purchase
FREEHOLD MOTEL LOCATED IN HUNTER VALLERY REGION OF NSW - 1546MF
FREEHOLD MOTEL WITHIN 2.5 HOURS OF BRISBANE – 2290MF
LIFESTYLE FLEXIBILITY IN TWEED HEADS WITH NO ONSITE REQUIREMENT + SERIOUS UPSIDE | Resort Brokers ID : MR009347
Secure a Rare Passive Investment in a Prime Eyre Highway Location | Resort Brokers ID : INV009348
Own the Land. Grow the Income. Live the Lifestyle. | Resort Brokers ID : FH009355
Add On Caretaking!!
Lakeview Caravan Park Coombabah
Priced to Sell – 17 Unit Motel - Well Located
Caravan Park Approx 6 acres   Vendors terms
Absolute Beachfront Surfers Paradise $410k Net Profit - ID 9239
Tweed Heads Gem – Prime Permanent Management Rights for Sale - ID 7931
Hanmer Springs Motel Lease
Step Into West Coast History: The Historic Empire Hotel, Ross
The Rotherham Hotel: Country Hospitality
Surfers Paradise Holiday Management Rights Premium Gold Coast Opportunity