Strong Income + Long-Term Agreements + Rare Title-Backed Office
$2.39M MR&$600K Unit = Total $2.99M
Permanent Management Rights, LABRADOR QLD
Ras360 presents an outstanding opportunity to acquire a thriving holiday management rights business in one of the Gold Coasts most tightly held Broadwater locations.
Set across seven levels, the complex comprises 66 apartments, with 31 currently in the letting pool. The majority are short-term holiday lets, with compact, guest-friendly layouts that appeal to visitors over long-term tenantshelping to maintain a stable and easily managed pool.
Guests enjoy a well-rounded mix of amenities that elevate the experience without overburdening the onsite manager. These include a rooftop heated pool and spa with sweeping Broadwater views, a second pool and spa at ground level, a full-size tennis court, gym, sauna, and barbecue areas. All facilities are well-maintained, practical, and simple to service, perfectly suited to the caretaking role and day-to-day management without the need for specialist staff.
A standout feature is the managers residence and on-title office configuration. The unit includes two bedrooms, one bathroom, and open-plan living with air conditioning, offering comfortable and private accommodation. Adjoining this is a generously sized reception office and separate staff lunch roomall included on title. This expansive footprint not only adds operational ease but also enhances the long-term value and security of the management rights.
The current owner is stepping away due to family circumstances, presenting a rare chance to acquire a well-established, consistently performing business.
With secure agreements, a blue-chip waterfront location, and clear scope for growth, this is an opportunity not to be missed.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $2.39M MR&$600K Unit = Total $2.99M
- Net Income: $ 500,450
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 600,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?