Exclusive

RARE SHORT-TERM FOCUSSED OFF-THE-PLAN MANAGEMENT RIGHTS IN BURLEIGH HEADS

ResortBrokers exclusively presents to the market the opportunity to secure the management rights and associated real estate to Lura, a stunning 96 unit high-rise next to all the action in the Gold Coast’s trendiest suburb.

Currently under construction, Lura is due to be delivered by late 2027 and represents a golden opportunity for experienced short-stay operators looking to expand their management rights portfolios.

Of the 96 apartments, 39 will be purpose-designed short-stay studios / one-bedders, all zoned specifically for short-stay / tourism usage. Of the balance of stock, 34 are 1-bedroom apartments with some 2 and 3 bedders. This provides the operator great scope to establish a significant letting, along flexibility of usage and room type.

Underpinned by a solid BC salary over $200,000, brand new 25 year accommodation module agreements, a prime location, well considered operational space, the off the plan management rights to Lura is a truly unmissable opportunity.

  • 18-storey residential building with 96 apartments in total
  • Well-progressed under construction with completion due in late 2027
  • 39 purpose-built studio and 1 bed units under special tourism zoning - ensuring a sizeable short-stay pool  
  • Additional 57 units (1, 2 and 3 bedders) with many likely to join the letting pool
  • Stunning lobby, reception, office, luggage storage and carpark bay on freehold title
  • Brand new 25-year Accommodation Module agreements
  • Body corporate salary of approximately $206,000 p.a. excluding GST
  • Onsite facilities include a rooftop with sundeck, swimming pool and outdoor seating
  • Wellness centre, gymnasium, hot and cold plunge plus sauna and workout space
  • Carparks - 73 residential, 9 x visitor bays (inc 1x accessible), 13 x shared bays (for short-stay use) and 1 x manager bay 
  • No requirement to live on-site and no specified working hours
  • Located on the beachside of Gold Coast Highway and minutes to James Street precinct
  • An ideal new acquisition for experienced short-stay operators looking to broaden their portfolio

All inspections by appointment only with Todd and Alex - please call with your enquiry.

Listing Ref OTP009438
Property Type Management Rights
Sale Type Management Rights - Off the Plan
State QLD
Region Gold Coast
Suburb BURLEIGH HEADS
Price Expressions of Interest
Enquire Now
Todd Warner

Interested? Why not give Todd Warner a call on 0438 170 763 or

LinkedIn | VCard | View Profile

Alex Cook
Phone Enquire Now