Broadwater Cash Cow! Holiday MR With A $700K + Nett Profit!
Broadwater Cash Cow! Holiday MR With A $700K + Nett Profit!
Broadwater Cash Cow! Holiday MR With A $700K + Nett Profit!
Broadwater Cash Cow! Holiday MR With A $700K + Nett Profit!
Broadwater Cash Cow! Holiday MR With A $700K + Nett Profit!
Broadwater Cash Cow! Holiday MR With A $700K + Nett Profit!
Broadwater Cash Cow! Holiday MR With A $700K + Nett Profit!

Broadwater Cash Cow! Holiday MR With A $700K + Nett Profit!

$4,550,000Price Reduced

A tried and tested performer, this is a rare opportunity to purchase a genuine holiday business with a massive net income, in a prime waterfront location.

Key Features

  • A true holiday complex with 40 out of 42 units in the letting pool.
  • Absolutely prime location, attracting a wide demographic of guests.
  • All units maintained/refurbished to a very high standard - no stragglers!
  • Low caretaking workload plus precedent of managers living off-site.
  • Long history of good trading plus huge repeat client base.
  • Good tenure to caretaking/letting agreements.
  • A rare holiday business that ticks all the boxes.
  • Call Alex Cook on 0467 600 610 or Paul Mueller on 0439 255 507.

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004957
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Labrador
Sale Type: Management Rights - All
Net Profit: $731,370
Price: $4,550,000

Location

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

Alex is a very professional and effective Management Rights Broker and we would highly recommend him to any managers wishing to sell their Management Rights and prospective managers wishing to purchase Management rights.

- Allan & Margaret Ott
Vendor,
Management Rights

To whom it may concer, recently my wife and I purchased a management rights business through Paul Mueller. From the first phone contact with Paul, we were kept completely informed and received first class treatment. Like all management rights purchases nothing goes completely to plan, when things needed to be chased up Paul was always on the job, working with ourselves and the seller. I would recommend Paul to anyone who wishes to market their business or to a buyer in the market for a new venture.

- Steve Siddaway
Vendor,
Fivechester - Rise - Ascent