Varsity Lakes, Queensland
CENTRALLY LOCATED IN SOUTH VARSITY LAKES - PROFITABLE MR DUO WITH SOLID ROI | Resort Brokers ID : MR008893
$3,458,000
Business Description
Ideally located in the highly sought-after suburb of Varsity Lakes, ResortBrokers offers to market, an exceptional duo of businesses in this thriving, high-growth area - renowned for its strong residential lettings market, close proximity to schools, and only minutes from Burleigh Beach and major amenities.
Operated as a single, successful management rights business, this asset is underpinned by long-term agreements and a strong relationship with a proactive body corporate, further enhanced by a healthy $258,087 annual remuneration and solid ROI.
With its prime location, this well-established and scalable business opportunity offers exceptional flexibility, including no set office hours. Positioned for future growth, it presents a rare chance to secure a premium management rights business in sought-after Varsity Lakes—act quickly to capitalise on this opportunity.
- Impressive $258k body corporate remuneration
- 208 units with a solid letting of 70 units ensuring a reliable and ongoing income stream
- Significant growth potential with 34 external agents
- Flexible operations with no set office hours
- Strong body corporate relationship with proactive ownership
- Generously sized three-bedroom, two-bathroom apartment featuring a private courtyard
- Expansive sales and letting office operated under exclusive use
- Secure long-term agreements with 20+ years remaining
- Inspections are by appointment only
Date updated: 23 Nov 2025 22:00:06
Business Summary
Business Snapshot
Price: $3,458,000
Net Profit: $454,748 Remuneration / Body Corp Salary: $258,087
Managers Unit
Value of Managers Apartment: $870,000Bedrooms: 3Bathrooms: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 208Agreement Term Remaining: 20 years