Burleigh Heads, Queensland

Burleigh Heads Management Rights with HUGE 3 Bedroom Unit

$1,820,000

Business Description

Located in in the heart of stunning Burleigh Heads, this three-story walk-up management rights complex is just a few steps from the beach and within easy reach of shopping, dining and entertainment on vibrant James Street.

For the past 16 years, a dedicated single operator has successfully managed this complex, which includes two bedroom self-contained apartments, all set against the backdrop of lush tropical gardens.

Guests enjoy amenities such as a heated outdoor pool and spa, BBQ area, and secure underground parking. With a stellar reputation reflected in glowing reviews on platforms like TripAdvisor, this complex has a high volume of returning guests.

Included is a spacious, air-conditioned three-bedroom, two-bathroom ground floor manager's residence, complete with a generous kitchen, lounge, and private courtyard.

Supported by a proactive Body Corporate, the business generates a robust net profit for just one single operator. A substantial 20 years remaining on the agreement, coupled with the presence of eight external agents, there is the opportunity to grow this business even further!

Take the next step in exploring this fantastic opportunity by contacting me today to schedule an inspection.


Net Profit: $194,624

Property Code: 14

Business Summary

Business Snapshot

Price: $1,820,000 Net Profit: $194,624 Remuneration / Body Corp Salary: $71,313Body corp salary review: CPI Annually

Managers Unit

Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Spacious 3 Bedroom, 2 Bathroom ground floor apartment, huge kitchen, lounge + private courtyard, 1 Car Park

Complex Information

Complex Type: HolidayTotal Units in Complex: 38Total Units in Letting Pool: 19Owner Occupy Units: 10Outside Agent Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 21 yearsPool: YesSpa: YesBBQ Area: Yes
Marketing Agent
Hotel Resort Sales

Hotel Resort Sales

Key Investment Insights

1. Prime location in the heart of Burleigh Heads, just steps from the beach and close to shopping, dining, and entertainment on James Street.
2. Well-established and successful business, with a dedicated single operator managing the complex for the past 16 years.
3. Attractive amenities for guests, including a heated outdoor pool and spa, BBQ area, and secure underground parking.
4. Excellent reputation and high volume of returning guests, reflected in positive reviews on platforms like TripAdvisor.
5. Spacious and well-appointed three-bedroom, two-bathroom manager's residence with a private courtyard.
6. Supported by a proactive Body Corporate, with a robust net profit for a single operator.
7. Long 20-year agreement remaining, providing stability and potential for growth.
8. Opportunity to increase business further with the presence of eight external agents.
9. Pet-friendly complex.
10. Agreement module is accommodation, providing flexibility for the manager.
Listing location
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