Labrador, Queensland
Permanent Management Rights in prime location offering a solid BC salary | Resort Brokers ID : MR008372
$2,300,000
Business Description
Coastal living, luxurious waterfront residence and outstanding financial returns: Lumiere delivers an exceptional lifestyle and investment opportunity.
This blue-chip management rights business, positioned along the sought-after Broadwater Esplanade on the Northern Gold Coast, delivers a net profit in excess of $238,000, underpinned by a substantial body corporate salary of $192,436.
At the heart of the offering is an impeccably renovated two-bedroom, two-bathroom, two-car manager’s residence. Stylishly appointed and generously proportioned, the residence provides a private sanctuary within a quality waterfront complex, further elevating the opportunity.
Lumiere, undoubtedly a premium asset, offers operational simplicity with no set office hours, minimal workload, and the flexible lifestyle appeal increasingly sought by operators seeking work-life balance and maximum profitability. Be quick to secure!
- Body Corporate Salary represents 83% of total net income
- No office hours, caretaking duties are minimal and easily managed
- Luxury, fully renovated, two-bed, two-bath, two-car manager's residence
- Permanent residential, pet-friendly complex with high rental returns
- Waterfront location close to beaches, cafés, restaurants and major amenities
- Secure, long-term agreements with 23 years remaining
- 13 permanent letting appointments with quality long-term tenants
- Outstanding lifestyle business with strong recurring revenue
- Inspection by appointment only
Date updated: 20 Sep 2026 23:00:08
Business Summary
Business Snapshot
Price: $2,300,000
Net Profit: $238,396 Remuneration / Body Corp Salary: $192,436
Managers Unit
Value of Managers Apartment: $1,200,000Bedrooms: 2Bathrooms: 2Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 92Total Units in Letting Pool: 12Owner Occupy Units: 65Outside Agent Units: 3Lockup Units: 11Agreement Term Remaining: 24 years