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Broadbeach Holiday Resort - Circa $400k Net Profit
$2,850,000
Resort / Holiday management rights, Broadbeach QLD
Seeking a thriving holiday management rights business in the heart of Broadbeach, one of Australias most sought-after tourism destinations?
Hotel Resort Sales is proud to present this exceptional Broadbeach opportunity, delivering a net return circa $400k a rare combination of lifestyle and investment.
The current owner has successfully operated the business for the past eight years, supported by a proactive Body Corporate with a proven history of top-ups.
The package also includes a ground-floor managers unit featuring two bedrooms, 2 bathrooms, and balcony for entertaining.
Key Highlights:
* Letting Pool: 26 holiday apartments plus, featuring a mix of one and two bedroom self contained apartments
* Resort Facilities: Pool and spa and secure underground parking
* Strong Income: Net circa $400k
* Years Remaining: Healthy 23 years on Agreement
Broadbeach is renowned for its vibrant events, including the annual Blues and Country Music Festivals, while its unbeatable location offers easy access to Pacific Fair Shopping Centre, The Star Casino, pristine beaches, G:link tram, Convention Centre, and a diverse range of dining and entertainment.
Contact Craig today to learn more about this incredible business opportunity!
Net Profit: $400,000 Circa
Property Code: 93
More Information
- Total Purchase Price: $2,850,000
- Net Income: $ 400,000
(projected)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?