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

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

Alex is a very professional and effective Management Rights Broker and we would highly recommend him to any managers wishing to sell their Management Rights and prospective managers wishing to purchase Management rights.

- Allan & Margaret Ott
Vendor,
Management Rights

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