Labrador, Queensland

Strong Income + Long-Term Agreements + Rare Title-Backed Office

PRICE REDUCTION! $2.39M MR & $600K Unit = Total $2.99M

Business Description

Ras360 presents an outstanding opportunity to acquire a thriving holiday management rights business in one of the Gold Coast’s most tightly held Broadwater locations.

Set across seven levels, the complex comprises 66 apartments, with 31 currently in the letting pool. The majority are short-term holiday lets, with compact, guest-friendly layouts that appeal to visitors over long-term tenants—helping to maintain a stable and easily managed pool.

Guests enjoy a well-rounded mix of amenities that elevate the experience without overburdening the onsite manager. These include a rooftop heated pool and spa with sweeping Broadwater views, a second pool and spa at ground level, a full-size tennis court, gym, sauna, and barbecue areas. All facilities are well-maintained, practical, and simple to service, perfectly suited to the caretaking role and day-to-day management without the need for specialist staff.

A standout feature is the manager’s residence and on-title office configuration. The unit includes two bedrooms, one bathroom, and open-plan living with air conditioning, offering comfortable and private accommodation. Adjoining this is a generously sized reception office and separate staff lunch room—all included on title. This expansive footprint not only adds operational ease but also enhances the long-term value and security of the management rights.

The current owner is stepping away due to family circumstances, presenting a rare chance to acquire a well-established, consistently performing business.

With secure agreements, a blue-chip waterfront location, and clear scope for growth, this is an opportunity not to be missed.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: PRICE REDUCTION! $2.39M MR & $600K Unit = Total $2.99M Net Profit: $500,450 Remuneration / Body Corp Salary: $197,923

Managers Unit

Value of Managers Apartment: $600,000Bedrooms: 2Bathrooms: 1Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 66Total Units in Letting Pool: 31Owner Occupy Units: 34Outside Agent Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 19 years
Marketing Agent
Greg Litzner
Greg Litzner

Paul Mueller
Paul Mueller

Key Investment Insights

Key Insights:

1. Thriving holiday management rights business in a highly sought-after location on the Gold Coast.

2. Complex comprises 66 apartments with 31 currently in the letting pool, with a majority of short-term holiday lets.

3. Well-rounded mix of amenities including a rooftop heated pool and spa, second pool and spa, tennis court, gym, sauna, and barbecue areas.

4. Manager's residence and on-title office included, providing comfortable and private accommodation and enhancing the long-term value and security of the management rights.

5. Current owner stepping away due to family circumstances, presenting a rare opportunity to acquire a well-established and consistently performing business.

6. Secure agreements and clear scope for growth make this a highly attractive opportunity.

7. Net profit of $500,450 and remuneration/body corp salary of $197,923.

8. Managers unit valued at $600,000 and includes 2 bedrooms, 1 bathroom, and 1 car space.

9. Complex type is permanent with a total of 66 units and 31 in the letting pool.

10. Agreement term is 25 years with 19 years remaining.

Management Rights Multiplier: 4.80
ROI Estimate: 20.85%

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