Redcliffe, Queensland

BIG BUSINESS IN BOOMING REDCLIFFE - NOP OF OVER $300K | Resort Brokers ID : MR007288

$2,050,000

Property Description

ResortBrokers brings you this exciting management rights opportunity in the heart of Redcliffe. Superbly positioned for short-stay holiday makers & corporate travellers it offers the owners great flexibility. Solid performing business netting over $300K backed by 23 years remaining on Caretaking and Letting agreements.



  • La Vida on Anzac consists of at total of 26 modern-finished apartments over 5 levels

  • On-site amenities include swimming pool and podium level communal courtyard and sun-lounging area, underground parking.

  • Holiday letting pool has 22 units which includes 7 ‘dual-keys’ and 4 permanent rentals

  • Offers studio, one, two and three bedroom units (as well as a three bedroom penthouse)

  • Ground floor reception on freehold title

  • Conference room and 5 storage spaces for equipment/linen/cleaning under Exclusive Use

  • Manager's 3 bedroom penthouse is in the holiday pool and generated $25,000 plus income last year

  • Current vendors opt to rent a 2 bed apartment in the building for $400 per week

  • Office is open Monday to Friday 9 - 5pm with no set hours stipulated in the agreements

  • Close proximity to Suttons beach, cafe, dining and restaurant precinct

  • Experienced onsite managers who are happy to stay working in the business

  • Property inspections are by appointment only



Date updated: 20 Jun 2022 23:00:03

Property Summary

Business Snapshot

Price: $2,050,000 Net Profit: $300,352 Remuneration / Body Corp Salary: $42,441

Managers Unit

Value of Managers Apartment: $820,000Bedrooms: 3Bathrooms: 2Office: On Title

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 33Total Units in Letting Pool: 26Holiday Units: 26Owner Occupy Units: 7Agreement Term Remaining: 25 years
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