Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater
Holiday Management Rights On The Broadwater

Holiday Management Rights On The Broadwater

$615,000Sold

A great opportunity for a motivated, hands-on management couple to purchase at the bottom, grow the business and achieve some good capital gain.

Key Features

  • 16 story high-rise – 49 apartments, 15 in short-term letting pool, 12 externally let, 7 lock-ups, 12 owner occupiers
  • Prime location overlooking Broadwater, opposite Gold Coast Aquatic Centre – very strong source of booking + set to capitalize on The Commonwealth Games 2018
  • Big growth opportunity through letting pool growth
  • Good scope to increase tenure and value of business
  • Business priced at an incredible 2X multiplier
  • Body corporate salary of nearly $85,000
  • Good sized, ground floor, two bedroom manager’s residence

NB: Property inspections are by appointment only 

Key Details

Listing Ref: MR004353
Property Type: Management Rights
Region: QLD - Gold Coast
Suburb: Southport
Sale Type: Management Rights - All
Net Profit: $178,500
Price: $615,000

Location

Listing Agent(s)

Agent Feedback

The punctuality of yourself and every member of your team cannot be faulted.  We felt very comfortable with you and felt confident that you could get us the best possible price for our management rights.  We wouldn't hesitate to recommend you to anybody who is contemplating selling or buying and wish you all the continued success.

- Peter and Marg Fisher SURFERS PARADISE

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

I am not often moved to write to record my appreciation and recognition of outstandingly excellent work and good practice. This is because I have seldom found it.  This is not the case with Alex Cook and Resort Brokers.  The whole experience from the initial appraisal to the signing of the contract and later advice that the purchaser's finance had been approved has been of the highest order.    

- Peter & Marg Fisher SURFERS PARADISE