Acquire Burleigh Heads Management Rights - Prime Location&Growth Potential | Resort Brokers ID : MR008759

$1,600,000

Resort / Holiday Management Rights, Burleigh Heads QLD

ResortBrokers is delighted to bring to market an exceptional business opportunity in Burleigh Heads. The complex comprises 59 units, with 16 in the letting pool, and is strategically positioned in a prime tourist hotspot, underpinned by a robust Body Corporate salary exceeding $113,000.

Operational efficiency is a hallmark of this business which has seen year on year growth with automated processes and streamlined operations already in place. While easily managed by a solo operator, this already successful business provides the chance to unlock even more upside with a management couple at the helm. There is significant potential to target permanent rentals and optimise pricing strategies, unlocking further revenue streams.

This asset, with long-term agreements in place, is perfectly suited for a motivated couple or a retired duo looking to inject fresh energy and capitalise on the next phase of growth.

- Prime location in Burleigh Heads, a top tourist destination
- Significant potential for expansion by targeting permanent rentals optimising revenue
- Strong Body Corporate salary exceeding $113K, adjusted annually to CPI
- Efficient operations with automated processes in place
- Upcoming Burleigh Heads tram set to boost the area's growth
- Low-maintenance gardens and cleaning, requiring minimal time
- Renovated manager's residence with three bedrooms and two bathrooms
- Ideal for first timer, solo operator or as an add-on business
- Inspections are by appointment only
Date updated: 11 Jun 2025 23:00:02

More Information

Financial Overview

Total Purchase Price: $1,600,000
Net Income: $ 264,575 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 800,000
_{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.}

Letting Business

Letting Pool: 16
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 24
_{Number of units resided in by their owners.}

Lock Ups: 5
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 13
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 59
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 113,736
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 21 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: No set office hours
_{Required Office Hours}

Complex Features: Pool, spa, games room, barbecue facilities, alfresco dining area and tour desk

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 800,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: yes
_{Can the manager own a pet on site?}

Unit Features: 3 bed 2 bath, renovated, air-conditioned spacious residence with outdoor balcony Large and private office located on title 2 undercover car spaces and extra storage space Nominee can reside onsite