Scarborough, Queensland

Waterfront Short Stay MR - $481k Net Profit, 3.3x Multiplier, 24-Year Term | Resort Brokers ID : MR009172

$2,550,000

Business Description

Primely positioned opposite Scarborough Beach, this high-performing established management rights business, offering an outstanding return on investment.

Recently granted a 5-year agreement top-up, the term now extends to December 2050, offering 24 years agreements and a strong $131,790 Body Corporate salary, and no set office hours, providing confidence and long-term stability for the incoming operator.

The complex comprises 75 apartments, with 38 in the letting pool. Featuring a mix of studio, one-, two- and three-bedroom fully self-contained apartments, catering to a broad market of permanent residents, short-stay guests, and corporate travellers.

The manager’s residence is a spacious ground-floor apartment featuring four bedrooms and two bathrooms, along with an on-title office and reception area, a large covered patio, and two car spaces, ideal for comfortable onsite living. The business can also be operated under management, presenting an excellent opportunity for a management team or syndicate, offering scalable upside potential.

Located within walking distance to cafés, restaurants, shopping and close by to the Brisbane Entertainment Centre - this prime Moreton Bay location drives strong year-round demand.

This is a compelling opportunity to secure a high-performing coastal business with genuine lifestyle appeal and solid returns in one of Scarborough Beach’s booming and most sought-after positions.

Prime waterfront location - $481k Net Profit
Generous body corporatesalary of $131,790
No office hours, providingflexibility
Balanced mix ofpermanent, short-stayand corporate clientele
Strong potential for future growth
Long-term security with24 years remaining onagreements
Spacious 4-bed, 2-bath manager’sresidence with attachedoffice - offered at valuation price $960,000
Resort facilities includerooftop barbecue area,swimming pool, saunaand spa
Conveniently located nearrestaurants, cafés andshopping outlets
Inspections by appointment only
Date updated: 04 Oct 2026 23:00:10

Business Summary