Great opportunity to acquire the management rights to a true resort style property, located in a prime position directly overlooking the stunning Broadwater.

Key Features

  • True holiday management rights with the majority of units in the short-term pool
  • 66 apartments, with 46 managed in the onsite letting pool
  • Caretaking/letting agreements recently topped up to 21 years
  • Absolutely prime location directly on The Broadwater
  • Unique property with several recent and upcoming upgrades
  • Great facilities including heated rooftop pool/spa, gym, saunas, full-size tennis court
  • Owner reluctantly selling for personal reasons – a great opportunity for a new manager
  • 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: MR005348
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Biggera Waters
Sale Type: Management Rights - All
Net Profit: $550,000
Price: $3,740,000

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

My name is Steve Beale. Alex Cook just sold my two management rights in Bridgeman Downs. I just wanted to pass on my thanks to Resort Brokers and to say how fantastic Alex has been as my broker. Alex sold me my business and acted for me in the disposal and he was faultless in each scenario. His honesty, diligence and trustworthiness are a rare commodity in Real Estate and sales in general. He has a unique skill of delivering hard truth  when it’s needed while at the same time maintaining trust and positivity and the result he achieved was better than I could have wished for. Truly a remarkable talent. I will certainly be recommending Resort Brokers and Alex in particular to anyone I encounter who is looking to buy or sell management rights.  Thanks and all the best.

- Steve Beale
Vendor,
Notting Hill Terraces & Bridgeman Greens

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