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

Jenny was very professional in her approach and helped us learn a lot more about the process of management rights purchasing. We had numerous variables in our way but Jenny never gave up on us. I would recommend Jenny to any purchaser and assure them they are in safe hands.

- Donald and Karen Shaw
Buyer,
Rainbow Commodore Apartments

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

Thank you, Jenny Sorenson, for the great effort you put in to sell our management rights business at a satisfactory price. The whole process was managed professionally and smoothly, thanks to your great negotiating and problem solving skills. We can highly recommend you to anyone who wants an agent they can trust and be confident with, to achieve a great outcome for buyer and seller.

- Don and Laurel McKenzie
Previous Owners,
Cordoba Manors