High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location
High Netting Holiday MR in Prime Broadbeach Location

High Netting Holiday MR in Prime Broadbeach Location

$3,195,000Sold

With the majority of apartments managed in the holiday letting pool and an absolutely prime location on Old Burleigh Rd, this is a high-performing holiday business not to be missed.

Key Features

  • Holiday high-rise on the corner of Albert Avenue and Old Burleigh Rd
  • 39 out of 48 apartments managed in short-term letting pool
  • Fantastic location directly across from the park and the beach - stunning views will never be built out
  • Good trend of recent upgrades and refurbishment in apartments - should translate to higher ADR moving forward
  • Very spacious, light and airy, 2 bedroom manager’s residence opening onto manicured gardens
  • Length tenure on agreements - 20 years
  • Call Alex Cook on 0467 600 610 or Jenny Sorenson on 0475 089 468

Key Details

Listing Ref: MR004574
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Broadbeach
Sale Type: Management Rights - All
Net Profit: $450,000
Price: $3,195,000

Listing Agent(s)

Agent Feedback

Thank you Alex for the superlative effort you put in on our behalf to sell our management rights business.  We're sure that you'll agree that it wasn't without challenge from both parties but your tireless positive attitude and willingness to listen and facilitate, were key factors in the success of the process.

- Peter and Kim Holthouse WINDSURFER RESORT

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

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