Burleigh Heads, Queensland

Hopscotch to the Beach!!!

Under Contract / Offer

Business Description

Hopscotch to the Beach!!!

Dated holiday complex in Burleigh Heads that allows each occupier easy access to the beach. Situated just steps from one of the Gold Coast's most beautiful beaches, this complex offers huge family size apartments that boast full kitchens, spacious bedrooms and easy access to the resort facilities on offer.

The complex facilities include: heated outdoor pool and spa, secure underground parking and public transport close to the front of the complex. When it's time to explore, all the region's boutique shopping districts, international restaurants and world class theme parks are within quick and easy reach. Take the short drive out to the Gold Coast hinterland to explore lush rainforest or simply kick back on the beach and forget the world. Images might not depict this complex.

A great returning guest complex that offers both a lifestyle and the potential to increase the net profit and long term agreements.

Huge 3-bedroom 2-bathroom manager's apartment, spacious lounge and dining area with a fully equipped kitchen, all leading out to a beautiful pool and garden area. Secure underground parking and storage.

To arrange an inspection please 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: Under Contract / Offer Net Profit: $192,900 Remuneration / Body Corp Salary: $68,700

Managers Unit

Value of Managers Apartment: $1,000,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On Title

Complex Information

Complex Type: HolidayTotal Units in Complex: 40Total Units in Letting Pool: 18Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesBBQ Area: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Net profit of $192,900, with additional remuneration/body corporate salary of $68,700, indicating clear current earnings.
2. Manager's on-site apartment is a large 3-bedroom, 2-bathroom unit valued at $1,000,000, includes office on title, one car space, storage and direct access to pool and garden.
3. Long-term contractual stability, 25-year accommodation agreement originally, with 20 years remaining.
4. Proven guest retention, described as a strong returning-guest complex, supporting occupancy stability.
5. Prime beachfront location in Burleigh Heads, literally steps from one of the Gold Coast's most popular beaches.
6. Family-sized apartments with full kitchens and spacious bedrooms, suited to longer stays and higher per-stay revenue.
7. Resort-style facilities comprising heated outdoor pool and spa, BBQ area, and landscaped garden amenity.
8. Secure underground parking and easy public transport access directly at the front of the complex, aiding guest convenience.
9. 40-unit complex with 18 units currently in the letting pool, implying potential to increase revenue by adding more units to the letting program.
10. Strong location catchment, close to boutique shopping, international restaurants, major theme parks and the Gold Coast hinterland, supporting year-round demand.
11. Property currently listed as under contract/offer, indicating active market interest.
12. Images may not depict this complex, requiring purchaser verification and on-site inspection for accuracy.

Management Rights Multiplier: 4.15
ROI Estimate: 10.72%