Key Investment Insights
AI generated. Confirm details with the seller.
1. Listed as delivering over 21% return on investment, positioning it as a high-yield opportunity.
2. Net profit approximately $230,000, providing strong cashflow for a business-only purchase.
3. Business price $1.250M for business only with office on title, implying immediate control of trading assets without freehold apartment acquisition.
4. Freehold 60m² office on title with kitchen and bar, plus an exclusive-use conference room, a rare asset in business-only management rights.
5. Body Corporate salary of $57,000 provides a stable, contracted income stream in addition to letting revenue.
6. Management pool of 15 holiday apartments within a 31-unit complex, concentrating recurring letting income.
7. Long agreement term of 25 years with approximately 23 years remaining, offering long-term operational security.
8. No residence requirement and no fixed office hours, offering significant lifestyle flexibility for operators.
9. No responsibility for pool or facilities maintenance, reducing operational costs and workload.
10. Prime Broadwater-side location in Southport opposite Broadwater Parklands, attractive to families and visitors seeking safe swimming and park access.
11. Strong catchment for corporate and medical guests due to proximity to the Gold Coast Health and Knowledge Precinct, Griffith University, and Southport Courthouse.
12. Excellent transport links via light rail to Surfers Paradise, Broadbeach and Helensvale, with easy access to theme parks and the northern Gold Coast corridor.