Labrador, Queensland

GOLD COAST MANAGEMENT RIGHTS FOR SALE - HIGH SALARY - PREMIUM BROADWATER LIFESTYLE

$2,300,000

Business Description

Premier Business Sales are offering an exceptional management rights business for sale in one of the Gold Coast's most sought-after waterfront locations. Positioned along the prestigious Broadwater Esplanade, this premium permanent management rights opportunity combines outstanding financial performance with an enviable coastal lifestyle.

Generating a net operating profit of $232,553, the complex offers secure and reliable income, underpinned by a solid Body Corporate salary of $192,436. This strong salary component provides long-term stability, while an established letting pool of 13 permanent rental apartments delivers additional recurring income with minimal day-to-day management.

With 23 years remaining on the accommodation module, no set office hours, and low-maintenance caretaking responsibilities, this business is perfectly suited to operators seeking excellent work-life balance without compromising profitability.

Included in the sale is a beautifully renovated two-bedroom, two-bathroom, two-car manager's residence, offering stylish, spacious living within a quality complex. The pet-friendly community and unbeatable Broadwater location further enhance the lifestyle appeal of this outstanding opportunity.

Whether you're an experienced operator or entering the management rights industry, this complex represents a rare opportunity to secure a blue-chip permanent management rights business with dependable income, long-term security, and exceptional lifestyle benefits on the Gold Coast.

Key Features

- Net Operating Profit: $232,553

- Body Corporate Salary: $192,436

- 13 permanent letting appointments with quality long-term tenants

- 23 years remaining on the accommodation module

- No office hours – contactable only

- Low-maintenance caretaking duties

- Luxurious manager's residence featuring two bedrooms, two bathrooms and two secure car spaces

- Pet-friendly community

- Premium Broadwater Esplanade location close to beaches, cafés, restaurants and major amenities

- Outstanding lifestyle business with strong recurring income and future growth potential

Opportunities combining secure income, minimal management responsibilities and a premium waterfront location are increasingly rare. A blue-chip Gold Coast management rights business that delivers strong financial returns today while offering exceptional lifestyle and long-term security for the future

Inspections by appointment only.

Property Code: 1384

Business Summary

Business Snapshot

Price: $2,300,000 Net Profit: $232,553 Remuneration / Body Corp Salary: $192,436Business Value: $1,100,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,200,000Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

Luxury 2 bedroom 2 bathroom 2 carspaces

Complex Information

Complex Type: PermanentTotal Units in Complex: 92Total Units in Letting Pool: 12Owner Occupy Units: 67Outside Agent Units: 2Lockup Units: 11Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesPay TV: YesWIFI: YesFunction Facilities: Yes

Marketing Agent

Sam Saunders

Premier Business Sales

Key Investment Insights

1. Net operating profit $232,553, demonstrating strong current cash earnings.
2. Body Corporate salary $192,436, forming the majority of remuneration and providing stable, long-term income.
3. Body Corporate salary reviewed by CPI annually, offering predictable income escalation.
4. Established letting pool of 13 permanent rental apartments, delivering additional recurring income with minimal day-to-day management.
5. Accommodation module with 23 years remaining of a 25-year agreement, providing long-term contractual security.
6. No set office hours and low-maintenance caretaking duties, supporting an excellent operator work-life balance.
7. Manager’s residence on title valued at $1,200,000, renovated two-bedroom, two-bathroom accommodation with two secure car spaces, enhancing owner living standards and asset value.
8. Premium Broadwater Esplanade waterfront location, close to beaches, cafés, restaurants and major amenities, boosting lifestyle appeal and tenant desirability.
9. Large complex scale with 92 units and a high owner-occupier ratio (67 owner-occupy units), indicative of a stable resident community.
10. Onsite facilities including pool, spa, sauna, gym, BBQ area, Pay TV, WIFI and function facilities, strengthening amenity-driven lettings and resident satisfaction.
11. Listed price $2,300,000 with a business value component of $1,100,000, clarifying the sale and goodwill split.

Management Rights Multiplier: 4.73
ROI Estimate: 10.11%