Primely positioned opposite Scarborough Beach, this high-performing established management rights business, offering an outstanding return on investment.
Recently granted a 5-year agreement top-up, the term now extends to December 2050, offering 24 years agreements and a strong $131,790 Body Corporate salary, and no set office hours, providing confidence and long-term stability for the incoming operator.
The complex comprises 75 apartments, with 38 in the letting pool. Featuring a mix of studio, one-, two- and three-bedroom fully self-contained apartments, catering to a broad market of permanent residents, short-stay guests, and corporate travellers.
The manager’s residence is a spacious ground-floor apartment featuring four bedrooms and two bathrooms, along with an on-title office and reception area, a large covered patio, and two car spaces, ideal for comfortable onsite living. The business can also be operated under management, presenting an excellent opportunity for a management team or syndicate, offering scalable upside potential.
Located within walking distance to cafés, restaurants, shopping and close by to the Brisbane Entertainment Centre - this prime Moreton Bay location drives strong year-round demand.
This is a compelling opportunity to secure a high-performing coastal business with genuine lifestyle appeal and solid returns in one of Scarborough Beach’s booming and most sought-after positions.
Interested? Why not give Jeff Keast a call on 0414 669 007 or jeff@resortbrokers.com.au
