Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater

Holiday Management Rights On The Broadwater

$615,000Sold

A great opportunity for a motivated, hands-on management couple to purchase at the bottom, grow the business and achieve some good capital gain.

Key Features

  • 16 story high-rise – 49 apartments, 15 in short-term letting pool, 12 externally let, 7 lock-ups, 12 owner occupiers
  • Prime location overlooking Broadwater, opposite Gold Coast Aquatic Centre – very strong source of booking + set to capitalize on The Commonwealth Games 2018
  • Big growth opportunity through letting pool growth
  • Good scope to increase tenure and value of business
  • Business priced at an incredible 2X multiplier
  • Body corporate salary of nearly $85,000
  • Good sized, ground floor, two bedroom manager’s residence

NB: Property inspections are by appointment only 

Key Details

Listing Ref: MR004353
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Southport
Sale Type: Management Rights - All
Net Profit: $178,500
Price: $615,000

Location

Listing Agent(s)

Agent Feedback

Alex had our business sold within a week for the asking price. Also he had a back up offer for the same price, his professionalism and work ethics are second to none.

- Laraine & Col Fields
Previous vendors,
Emerald Village 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

The professionalism demonstrated by Alex throughout the sales process was very impressive. We made it clear from the outset that we wanted the sale to be as discreet as possible, and to be conducted as swiftly as possible. Despite the fact that this obviously hindered Alex's advertising options, he was able to arrange two days of back to back inspections, which produced 5 offers at asking price. We then worked with Alex to select the most suitable candidate. Furthermore, Alex worked tirelessly throughout the sales process, ensuring that the due diligence process went as smoothly as possible. We would have no hesitation in recommending Alex to anyone looking for a high level of service and a great result. Thank you Alex!  

- Brenton Brown
Building Manager,
Deepwater Point Apartments