Varsity Lakes, Queensland

LIFESTYLE, INCOME & LOCATION + BC SALARY = 80% OF NET PROFIT | Resort Brokers ID : MR008823

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Business Description

Lakeside on Varsity offers an incredible chance to acquire a high-performing permanent management rights business in a sought-after gated community in Varsity Lakes, just minutes from Burleigh Beach and major amenities.

The lakefront manager’s residence is a spacious and well-appointed 3-bedroom, 2-bathroom townhouse with a large attached office - ideal for families. Perfectly positioned next to one of the Gold Coast’s top-rated state schools, this residence combines lifestyle, income, and location in one unbeatable package!

This residential complex of 99 townhouses is immaculately maintained and professionally run. The business currently manages 19 townhouses in the onsite letting pool, generating strong rental returns and appealing to both tenants and investors. An additional 15 units managed by outside agents present a significant growth opportunity for an astute buyer to expand the letting pool and increase revenue.

With no set office hours, the option for a nominee to reside, and a cooperative Body Corporate committee, this is a flexible and scalable business with strong foundations and further upside.

The motivated vendor is ready to meet the market, making this an ideal opportunity for lifestyle buyers, management rights newcomers, or experienced operators looking to grow.

- High Body Corporate Salary circa $260k equates to over 80% of the Net Profit
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3-bed, 2-bath manager's townhouse, double garage, option for nominee to reside

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Large on-title office and reception attached for ease of running business

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Potential to growletting pool by converting external appointments

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Permanent residential gated complex, minutes to Burleigh Beach

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Accommodation module agreements inplace offering security

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Proactive BC committee, no set office hours

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Inspections are by appointment only

Date updated: 14 Oct 2025 22:00:02

Business Summary