Burleigh Waters, Queensland

Prime permanent Management Rights in Burleigh Waters offering High Returns | Resort Brokers ID : MR008635

$3,450,000

Business Description

ResortBrokers offers to market an exceptional business opportunity in the heart of Burleigh Waters. This premium-grade development has 170 units, including 58 in the letting pool, with plenty of room to convert the 30 outside agents into the letting pool providing scale and upside for experienced operators.

This opportunity offers a robust management rights business with a remarkable net operating profit of $445,000, with 22 years remaining on the management agreements, providing long-term security. The business benefits from a supportive body corporate committee and streamlined operational systems, ensuring a smooth transition for the incoming operator

The complex is equipped with extensive resort-style amenities, centrally located near Bond University and Burleigh Heads Beach, it ensures high tenant demand. The manager's residence is a spacious three-bedroom, two-bathroom unit with two car spaces and an office on title.

- Impressive $445k net operating profit
- Spacious three bed, two bath manager's unit with office on title
- 22 years remaining on the 25-year agreements offering long-term security
- Extensive resort-style amenities - two pools, two barbecue areas & gym
- Permanent letting complex with manageable duties and no set office hours
- Premium-grade development
- Centrally located to key locations- Bond University, Varsity Train Station, Burleigh Heads Beach & shopping precincts
- Inspections are by appointment only
Date updated: 20 Apr 2025 23:00:06

Business Summary

Business Snapshot

Price: $3,450,000 Net Profit: $445,849 Remuneration / Body Corp Salary: $251,115

Managers Unit

Value of Managers Apartment: $900,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 170Total Units in Letting Pool: 58Owner Occupy Units: 91Outside Agent Units: 20Agreement Term Remaining: 22 years
Marketing Agent
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