Acquire a Prime Investment in stunning Burleigh Heads with $203k NOP | Resort Brokers ID : MR008596

$1,855,000

Resort / Holiday Management Rights, Burleigh Heads QLD

ResortBrokers presents an excellent opportunity to acquire the management rights of 'La Pacifique' in Burleigh Heads. This prime beachfront property offers 49 lots, with 18 in the letting pool, generating over $203K net profit. The fully renovated building includes a 2 bed, 2 bath manager's residence and exceptional facilities like a resort pool and tennis court. With agreements secured for 10 years and a strong Body Corporate relationship, this business opportunity promises long-term stability and profitability in a highly sought-after, prime beachfront location in Burleigh Heads.

- Trophy asset in prime Burleigh Heads beachfront location
- Attractive Body Corporate salary exceeding $75k
- Fully renovated building with all major works completed
- Over $203k net operating profit with manageable workload
- Renovated 2-bedroom, 2-bathroom manager's residence with office
- Agreements secured for 10 years as of February
- Luxury 2 and 3-bedroom self-contained apartments near iconic beach
- 49 lots total with 18 in the letting pool (15 holiday, 3 permanent)
- Inspection by appointment only
Date updated: 24 Feb 2025 22:00:01

More Information

Financial Overview

Total Purchase Price: $1,855,000
Net Income: $ 203,920 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 975,000
_{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: 18
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 9
_{Number of units resided in by their owners.}

Lock Ups: 15
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 6
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 49
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 75,837
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 10 years
_{How long is the caretaking contract.}

Agreement Remaining: 10 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 hours
_{Required Office Hours}

Complex Features: Upgraded resort pool BBQ area Heated Spa Sauna Full Sized Tennis Court

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 975,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

Office On Title: 0
_{Is there a manager's office included on the title?}

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

Unit Features: renovated, air-conditioned, spacious managerâs residence has two good sized bedrooms with a balcony that fronts both bedrooms and kitchen/dining room.