Varsity Lakes QLD 4227

ResortBrokers is privileged to showcase an outstanding business opportunity at South Lakes At Varsity, a prime location in Varsity Lakes. This permanent residential complex features 398 units, with 148 in the letting pool, and generates a robust net profit of $712,000. The management rights business offers a secure 23-year tenure, a luxurious manager's unit, and resort-style facilities. With high-body corporate remuneration exceeding $720,000, this asset is a compelling acquisition for experienced operators seeking growth potential and stability in a thriving community.

- Trophy asset with incredibly high BC remuneration exceeding $720k
- 398 units with 148 in the letting pool, offering growth potential via 65 outside agents
- Detached ground-level office/reception with two additional offices plus a storage space
- Luxurious manager's unit with three bedrooms, two bathrooms, study, three car spaces, ample storage and a large deck overlooking the lake
- Resort-style facilities including pool, gym, cinema, golf simulator, spa, sauna, residence lounge, and barbecue area
- Integrated urban community just 5km from Broadbeach's commercial district
- Waterfront units with designer finishings in two, and three-bedroom configurations 
- Prime location in the sought-after Varsity Lakes precinct, close to amenities
- Inspections are by appointment only