Labrador, Queensland

Work Life Balance Opportunity...Contactable Office Hours and 500K Net Profit

$2.39M MR AND $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, delivering an impressive $500K net profit, underpinned by a $198K Body Corporate salary and a strong 17% ROI.

Set across seven levels, the complex comprises 66 apartments, with 31 currently in the letting pool. The majority are short-term holiday lets, featuring 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 enhance their experience without overburdening the onsite management. Facilities 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 amenities are well-maintained, practical, and simple to service—making the caretaking role highly efficient and easily manageable.

A key advantage of this business is the flexibility around office hours, which are contactable only, meaning the manager is not required to physically sit in the office. This provides genuine lifestyle balance and operational freedom rarely seen in similar complexes. Additionally, an approved nominee can reside in the manager’s unit, offering further flexibility for incoming operators or investors who prefer not to live onsite full-time.

The manager’s residence and on-title office configuration is another standout. The unit includes 1.5 bedrooms, 1 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 strengthens the long-term value and security of the management rights.

The current owner is stepping away due to family circumstances, presenting a rare opportunity to acquire a high-yield, lifestyle-friendly business with secure agreements, a blue-chip waterfront location, and clear potential for further growth.

Business Summary