Positioned in one of the most sought-after holiday destinations on the Gold Coast, this exceptional management rights business presents a rare and lucrative investment opportunity.
With breathtaking ocean and skyline views, the resort consistently ranks as a top performer in the holiday accommodation sector, generating an impressive net profit of $1.2 million annually.
The business operates with a well-established letting pool of 68 fully self-contained, spacious apartments. The financials include a robust expense allocation of over $312,000 for professional contractors covering cleaning, maintenance, and front office operations. A highly attractive Body Corporate salary of $240,000 further enhances the income stability of this investment.
Guests enjoy access to first-class resort facilities, including a heated swimming pool, spa, sauna, tennis court, BBQ area, and secure underground parking. The manager's residence is a beautifully renovated two-bedroom apartment offering panoramic ocean views, providing an exceptional lifestyle in addition to a strong business return.
This is a premier opportunity for an experienced operator or an investor looking to step into a high-performing holiday accommodation business in an iconic coastal location.
Don't miss out, call me on 0493 108 073 to arrange an inspection.
Net Profit: $1,200,000
Property Code: 62
