Varsity Lakes, Queensland

$260K BC SALARY - FAMILY SIZE RESIDENCE - PERMANENT MLR | Resort Brokers ID : MR008823

$2,468,000

Business Description

ResortBrokers presents, Lakeside on Varsity, a high-performing management rights business in Varsity Lakes, minutes from Burleigh Beach and major amenities. The lakefront, spacious manager's residence, is a well-appointed 3-bed, 2-bath townhouse with large office attached, perfect for a family, ideally located next to one of the best state schools on the Gold Coast.

This gated, permanent residential complex of 99 townhouses, with 20 in the onsite letting pool, with strong rental returns is attractive to both the tenant and investor marketplace. The 15 townhouses managed by outside agents provide significant upside for a buyer to grow the letting pool.

Run efficiently, impeccably maintained, and solid working BC committee relationships, this is a scalable, well-established business opportunity, with no set office hours, and option for nominee to reside, it offers unparalleled flexibility with upside.

- $321k net profit, high BC salary, circa $260k
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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: 17 Sep 2025 23:00:02

Business Summary