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

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

My experience in dealing with Alex Cook as the selling agent for Deepwater Point has been nothing short of outstanding. From the quality of marketing material, to the handling of site inspections, to the negotiation skills demonstrated whilst finalising the sale, Alex has proved himself to be an exceptionally professional and knowledgeable agent. I was particularly impressed with the constant and detailed feedback provided to me throughout the process. We felt comfortable from the start to the finish and always knew exactly what was going on, making the whole experience as stress free as possible. Alex also seems to have particularly good relationships with the various industry professionals used during the sales process, again making life a lot easier. I genuinely feel Alex had our best interests at heart at every stage, and would not hesitate in recommending him to anyone looking to buy or sell their Management Rights. Out of interest, I have gone on to purchase another Management Rights through Alex.

- Mark Fuhrmann
Vendor,
ex-Deepwater Point