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DealProspect/Listings/Hospitality & Tourism

Beachfront Management Rights, Broadbeach

Management Rights

ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$1,675,000
Disclosed · AUD
Revenue (est.)
~$1,059,238
Estimated · comparable listings of this type and size
Net Profit
$264,068
Implied multiple
6.3×
asking / earnings
Brief
  • Tightly held Broadbeach complex directly opposite patrolled beach and parklands
  • 16 units in the holiday letting pool under a lease-back model
  • Generous manager's residence with ocean views, two bedrooms plus study
  • Structured operational systems with defined office hours
  • Prime tourism location near Pacific Fair, The Star and the Convention Centre