Labrador, Queensland

Permanent Management Rights in prime location offering a solid BC salary | Resort Brokers ID : MR008372

$2,300,000

Business Description

ResortBrokers presents Lumiere, a premier management rights opportunity at the Broadwater Esplanade.

Located in one of the Gold Coast’s most desirable areas, Lumiere offers a high-performing, low-maintenance business with strong financial returns and a relaxed coastal lifestyle.

This blue-chip asset delivers a net profit of $232,553 plus GST, supported by a body corporate salary of $183,619 plus GST, which accounts for approximately 78% of the total net income. The business includes additional revenue from a manageable letting pool of 13 units.

With no office hours and 23 years remaining on the accommodation module, this opportunity provides long-term security and an exceptional work-life balance. The package also includes a luxurious two-bedroom, two-bathroom manager’s residence, making it ideal for those seeking income and lifestyle.

This is a rare chance to secure a sustainable business in a prime waterfront location with minimal workload and maximum potential.

- Body Corporate Salary is 78% of the total Net Operating Profit
- 13 letting appointments. Long term tenants with high rental returns
- Beautifully renovated two-bed, two-bath, two-car manager's residence
- Long-term accommodation module with 23 years remaining
- Permanent residence (Sunland build)
- Pet-friendly complex
- No office hours (contactable only)
- Low maintenance duties
- Inspection by appointment only
Date updated: 29 May 2025 09:25:35

Business Summary

Business Snapshot

Price: $2,300,000 Net Profit: $232,553 Remuneration / Body Corp Salary: $183,619

Managers Unit

Value of Managers Apartment: $1,250,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 92Total Units in Letting Pool: 13Owner Occupy Units: 65Outside Agent Units: 3Lockup Units: 11Agreement Term Remaining: 23 years
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