Rare holiday management rights opportunity in one of Broadbeach’s most tightly held beachfront locations. The business delivers a net profit of $264,068, including a body corporate salary of approximately $71,160 plus letting income from the holiday pool.
The complex features 36 refurbished self-contained apartments across six levels, with 16 units operating under a lease-back model in the holiday letting pool.
The manager’s residence is a spacious ocean-view apartment featuring two bedrooms plus a study, offering comfortable coastal living alongside the business.
A proven management rights business with consistent returns and minimal operational output and strong opportunity for growth from a new operator.
Interested? Why not give Nathan Bock a call on 0412 634 277 or nathanbock@resortbrokers.com.au