Labrador, Queensland

Broadwater Living!!

$2,500,000

Business Description

Broadwater Living!!

Idyllic and sought after Holiday Complex with sought after opportunity.

An excellent opportunity exists to acquire your own piece of paradise directly opposite the Broadwater in the much sought-after suburb of Labrador.

Imagine yourself here enjoying the lifestyle you deserve. Take advantage of the large in ground swimming pool, spa, and BBQ area the complex offers. Images might not depict this complex.

Compact 2-bedroom, 2-bathroom Managers apartment with main en-suite bedroom leading out to a wrap-around balcony with views of the Broadwater. Open plan lounge and dining area, and a compact fully equipped kitchen. One secure car space 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: $2,500,000 Net Profit: $441,200 Remuneration / Body Corp Salary: $71,900

Managers Unit

Value of Managers Apartment: $520,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On Title

Complex Information

Complex Type: HolidayTotal Units in Complex: 42Total Units in Letting Pool: 33Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesSpa: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

Some key insights for this business for sale listing are:

1. The business is located in a sought-after suburb of Labrador, directly opposite the Broadwater, making it an ideal location for a holiday complex.

2. The complex offers a range of amenities such as a large in-ground swimming pool, spa, and BBQ area, providing a desirable lifestyle for guests.

3. The Managers apartment is a compact 2-bedroom, 2-bathroom unit with a wrap-around balcony and views of the Broadwater. It also includes a secure car space and storage.

4. The business has a net profit of $441,200 and a remuneration/body corp salary of $71,900, making it a profitable opportunity for potential buyers.

5. The Managers apartment is valued at $520,000, providing potential for capital growth in the future.

6. The complex has a total of 42 units, with 33 units in the letting pool, providing a stable and consistent income stream.

7. The agreement module for the complex is "Accommodation" and has a remaining term of 15 years, providing a secure and long-term investment opportunity.

8. The complex offers amenities such as a pool, spa, BBQ area, and WIFI, making it an attractive option for holidaymakers.

9. The business has been well-maintained and has a good reputation, with potential for growth and expansion under new management.

10. Prospective buyers are advised to conduct their own due diligence and verify all information provided in the listing.

Management Rights Multiplier: 4.49
ROI Estimate: 22.28%