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

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

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 were 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 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
Vendors,
Blue Waters Apartments

From the time of engagement, Alex was extremely pro-active in finding the right buyer. At all times, Alex kept me updated during progression of the sale process, acted in a professional manner; sorted out any issues that surfaced during the sale and went above and beyond to ensure all parties were working effectively towards completion. Without Alex's input and assistance I am sure the sale would not have been completed in the professional manner that it was.

- Brad Marquart
Vendor,
Waters Edge on the Broadwater