Sold

Unique High Net Income - Broadbeach Management Rights

This unique long established holiday Management Rights complex is positioned in the heart of Broadbeach. 

This three-star property has a selection of one and two bedroom units, all enjoying ocean views. With a large, heated pool and spa, BBQ area and secure underground parking, this Broadbeach complex has the benefit of enjoying many long-term returning guests.

The managers unit included in the sale is a huge 102m2 and comprises of two bedrooms, study, one bathroom plus extra toilet/vanity and offers ocean views.

After 23 years the current owner is set to retire which allows for the astute business person(s) to acquire this money maker of a business.  The business can easily by run by one person as there are minimal gardens to maintain and only needs to be contactable onsite between 8am-5pm Monday-Friday and 8am-12pm Saturday.

The current owner has managed this complex in a way to enjoy maximum profits by using a lease back with all 13 units in the holiday letting pool.

This complex is located opposite the beach and parklands and is situated a short stroll from The Star Casino, The Gold Coast Convention and Exhibition Centre, Oasis Shopping Centre, Pacific Fair Shopping Centre, the Light Rail and an array of restaurants and bars.

Net Profit:  $468,881
Price: $1,995,000

Suburb Broadbeach
Price SOLD
Property Type Business
Property ID 1066
Category Accommodation/Tourism

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What our clients say

Scott presented us with a great business opportunity, and guided us every step through the process. Scott's invaluable assistance made the transition of the business a smooth and successful process. We...

Crystal Yuan

Thank you Scott so much for your incredible work and for your support through the Meridian Project from the beginning to the end. We are so appreciative of your work and for going way over and beyond helping...

Maggie & Mike Best

With almost two decades working in Management Rights we have bought and sold several Management Rights through Jim Beard. We met Jim in 2013 and immediately were struck by his fresh, honest and professional...

Neil & Chrissy Simpson

Over the past 10 years we have bought and sold several businesses and David Rotheram has been our "go to" broker through it all.  He has consistently provided us with sound business advice and opportunities;...

Victor Crump and Dr Amanda Murfett

We first met David back in 2001 when he sold our Management Rights at Ormiston.  We had approached other Brokers, who weren't really interested as the complex was tricky to market.  Needless...

Chris and Julie Mitchelson

David recently sold our large holiday resort on the Gold Coast.  David already had purchasers in mind when he listed our property, it then went to contract within the first 2 weeks with 2 back up...

Ray & Louise Thom Pete & Kath Logan