Labrador, Queensland
Gold Coast Broadwater holiday MR offering a 16% ROI | Resort Brokers ID : MR008550
$1,645,000
Business Description
ResortBrokers markets Champelli Palms Luxury Apartments in Labrador, the Gold Coast Broadwater. This Management Rights opportunity with a healthy letting pool over 50% generates a healthy NOP of over $265,000.
Its long-term accommodation module ensures a steady income for years to come. Located near the renowned Broadwater, it offers a variety of dining and recreational activities.
Investment includes a quaint two-bedroom manager's residence overlooking a tropical setting. A compelling little business opportunity with a ROI of 16%.
- Located just a short walk from the renowned Broadwater, offering a plethora of dining and recreational activities
- Features a long-term accommodation module, ensuring a steady income stream
- Boasts a robust and stable letting pool, accounting for half of the units
- Generates a high NOP of over $265,000, indicating strong financial performance
- Includes a charming two-bedroom manager's residence, complete with a car park and overlooking a tropical setting and pool
- Inspections are strictly by appointment only
Date updated: 20 Apr 2025 23:00:05
Business Summary
Business Snapshot
Price: $1,645,000
Net Profit: $282,000 Remuneration / Body Corp Salary: $61,700
Managers Unit
Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 2Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 42Total Units in Letting Pool: 22Owner Occupy Units: 19Agreement Term Remaining: 18 years