Varsity Lakes, Queensland
CASHFLOW & COAST LIFESTYLE – $464k NET PROFIT IN PRIME VARSITY LAKES | Resort Brokers ID : MR009139
$3,440,000
Business Description
Set in the ever-popular Varsity Lakes precinct, this is a standout opportunity to secure not just one—but two complementary businesses in a high-demand, fast-growing location. Known for its strong rental appeal, proximity to quality schools, and just minutes from Burleigh Beach, this area continues to attract both residents and investors alike.
Currently operated as a single, high-performing management rights business, this asset delivers stability and upside in equal measure. Backed by long-term agreements and a supportive, proactive body corporate, it generates an impressive annual remuneration of $265,392 alongside a solid return on investment.
Designed for flexibility and future growth, the business operates without rigid office hours and offers significant scalability. Opportunities of this calibre in Varsity Lakes are tightly held—making this a rare chance to step into a premium, lifestyle-friendly investment.
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Incredible Net Profit of $464,157 which includes $265K+ body corporate remuneration
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208 total units, with 70 in the letting pool providing consistent income
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Additional upside with 31 units managed by external agents
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No set office hours – enjoy true operational flexibility
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Excellent relationship with an engaged and proactive body corporate
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Spacious 3-bedroom, 2-bathroom manager’s residence with private courtyard
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Large, exclusive-use office for both sales and lettings
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Secure agreements with over 19 & 21 years remaining
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Inspections strictly by appointment
Date updated: 20 Apr 2026 23:00:02
Business Summary
Business Snapshot
Price: $3,440,000
Net Profit: $464,157 Remuneration / Body Corp Salary: $265,392
Managers Unit
Value of Managers Apartment: $900,000Bedrooms: 3Bathrooms: 2Complex Information
Complex Type: PermanentTotal Units in Complex: 208Total Units in Letting Pool: 67Owner Occupy Units: 106Outside Agent Units: 34Agreement Term Remaining: 19 years