High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location

High Netting Holiday MR in Prime Broadbeach Location

$3,195,000Under Contract

With the majority of apartments managed in the holiday letting pool and an absolutely prime location on Old Burleigh Rd, this is a high-performing holiday business not to be missed.

Key Features

  • Holiday high-rise on the corner of Albert Avenue and Old Burleigh Rd
  • 39 out of 48 apartments managed in short-term letting pool
  • Fantastic location directly across from the park and the beach - stunning views will never be built out
  • Good trend of recent upgrades and refurbishment in apartments - should translate to higher ADR moving forward
  • Very spacious, light and airy, 2 bedroom manager’s residence opening onto manicured gardens
  • Length tenure on agreements - 20 years
  • Call Alex Cook on 0467 600 610 or Jenny Sorenson on 0475 089 468

Key Details

Listing Ref: MR004574
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Broadbeach
Sale Type: Management Rights - All
Net Profit: $450,000
Price: $3,195,000

Listing Agent(s)

Agent Feedback

We have recently concluded the sale of our busy holiday resort, and feel very fortunate indeed that Alex Cook of Resort Brokers was our Agent throughout this process.We started the sale process by meeting with several brokers, all of whom where very experienced and had excellent reputations, however, once we met Alex we knew that we would be in good hands through the inevitable challenges of the sales process.Alex proved to be very hard working, proactive, and resourceful. Importantly, he has excellent relationships with all the key specialists in the Management Rights industry - Accountants, Valuers, Financiers, Finance Brokers and Lawyers. Without exception, all of the specialists we worked with throughout the sale process all held Alex in the highest regard, and there was always a congenial and cooperative attitude from them as we worked through the key steps in the sale. I believe that Alex was able to achieve the best possible outcome.We are grateful for his enthusiasm, his focus and his positive attitude, and would have no reservations whatsoever in highly recommending him to any Resident Letting Agent who is thinking of selling.

- Darren & Judy Ackland
Vendor,
Blue Waters Apartments

Jenny was very professional in her approach and helped us learn a lot more about the process of management rights purchasing. We had numerous variables in our way but Jenny never gave up on us. I would recommend Jenny to any purchaser and assure them they are in safe hands.

- Donald and Karen Shaw
Buyer,
Rainbow Commodore Apartments

Both my wife and I are extremely grateful to Alex and the team at Resort Brokers as it’s resulted in a satisfactory outcome and has made the whole process as stress free as the trauma of selling your Management rights can be.

- Peter and Marg Fisher SURFERS PARADISE