Redcliffe, Queensland

Rare Redcliffe Management Rights Opportunity - Prime Holiday Beachfront Location

$2,450,000

Business Description

This is a rare opportunity to secure a thriving holiday management rights business in a modern, low-maintenance beachfront building in Redcliffe.

Generating an impressive net profit of $363,531, which includes a body corporate salary of $62,347 + GST (with annual CPI increases), the business is supported by 19 high-return holiday rentals and one permanent let.

Key Highlights:

* No Set Office Hours
* 20 years remaining on the agreements
* 15k Allocated for additional reception wage
* Resort Facilities including Heated Outdoor Pool, Gym, BBQ Area and Secure Parking
* Walking distance to an array of cafes, restaurants, supermarket and beachfront markets
* Letting Pool 20

The manager’s residence is a true highlight – a fully airconditioned, spacious and stylish three-bedroom, two-bathroom apartment featuring two car spaces and two private courtyards. Offering flexibility, the unit can be configured as a two-bedroom, one-bathroom manager’s residence with a separate self-contained one-bedroom, one-bathroom studio that can be added to the holiday letting pool to further boost income.

Set in a prime beachfront position, the property combines first-class lifestyle with strong, reliable returns with revenue growth month on month and year on year.

Call Craig today to discuss this fantastic lifestyle opportunity.

Net Profit: $363,531

Property Code: 97

Business Summary

Business Snapshot

Price: $2,450,000 Net Profit: $363,531 Remuneration / Body Corp Salary: $63,479Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $940,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 40Total Units in Letting Pool: 19Owner Occupy Units: 18Outside Agent Units: 2Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesGym: YesBBQ Area: Yes

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

1. Net profit $363,531 reported, includes a body corporate salary of roughly $63k with annual CPI increases, indicating indexed owner remuneration and strong cashflow.
2. Sale price $2,450,000 with manager’s apartment valued at $940,000, reducing effective business purchase cost for owner-operator buyers.
3. Manager’s residence is a spacious fully airconditioned three‑bedroom, two‑bathroom apartment with two car spaces and two private courtyards, offering high lifestyle appeal.
4. Manager’s unit can be reconfigured into a two‑bedroom manager’s residence plus a self‑contained one‑bedroom studio that can be added to the holiday letting pool to increase income.
5. Letting pool comprises 19 high‑return holiday rentals plus one permanent let, effectively 20 revenue‑producing units within a 40‑unit complex.
6. Long security of tenure with accommodation agreement originally 25 years and approximately 20 years remaining.
7. Resort facilities include a heated outdoor pool, gym, BBQ area and secure parking, supporting premium holiday positioning and guest appeal.
8. Prime beachfront location with walking distance to cafes, restaurants, supermarket and beachfront markets, enhancing occupancy potential and ADRs.
9. No set office hours, providing operational flexibility and a lifestyle advantage for managers.
10. $15,000 allocated for an additional reception wage, indicating budgeted support for front‑desk operations and potential to maintain service levels without owner workload increase.
11. Complex composition: 40 total units, 18 owner‑occupied units and 2 outside agent units, suggesting limited external competition within the building.
12. Vendor claims month‑on‑month and year‑on‑year revenue growth, signalling recent positive performance momentum.

Management Rights Multiplier: 4.15
ROI Estimate: 24.07%