For sale


Easy to Run Waterfront Permanent Management Rights

Property ID: 7204366

About Managers Residence

  • Two story townhouse with river views. Just open your private courtyard gate and you can launch you boat or jet-ski into the water and go for a cruise, fish or even catch lots of mud crabs;

  • Downstairs there is a single garage, a laundry room with a toilet, open plan kitchen and living area with air-conditioning;

  • Large backyard with a shed and under-covered outdoor sitting area, enjoying the water views while having a beer in the backyard;

  • Upstairs there are 3 bedrooms and 1 bathroom with dual entrances;

  • Two of the bedrooms have river views and air-con.

    About the Business

  • Easy to run business with only one person;

  • Caretaking duties is simple in this small quiet complex without BBQs in pool area;

  • Supportive body corporate committee;

  • Potential to increase profit by doing maintenance jobs, as current manager is not doing any of repairs;

  • Flexible working time as no fixed office hours in the agreement;

  • 20 year agreement with about 15 years remaining (including 5 years top up in 2018);

  • Ideally suitable for most family who would like to work in a life style.

    About the Complex

    This waterfront complex is centrally located at Labrador and close to Harbour Town Outlet Shopping Centre, Griffith University, University Hospital, Helensville train station and light rails to connect with Surfers Paradise. The Broadwater has excellent access areas to the water for windsurfing, sailing, para flying, jet-skiing, boating, fishing, crabbing and swimming – making this once sleepy suburb a popular retreat for holidaymakers. Other benefits include:

  • Convenient to anywhere, shopping, food, study, entertainment, exercise, etc.

  • Excellent private schools nearby, e.g. a b Paterson College, St Hilda’s etc.

  • It is only 400 meters to beaches and the Broadwater Parklands.

  • Walking distance to the Aquatic Center Olympic swimming pools.

  • 2.5 km to Southport CBD area.

  • 3.7 km to Griffith University and Gold Coast University Hospital.

  • 5.4 km to Surfers Paradise beach and clubs.

  • 6.5 km to Sea World which is just on the other side of the harbor.

  • 4.8 km to the famous Harbor Town Outlet Shopping Centre.

  • 14.5 km to Movie World, Dream World and Outback Spectacular.

    Net Income: $83,501

    Body Corp Salary: $56,301 (CPI indexed)

    Manager Unit (included): $360,000

    Asking price: $740,000


Onsite Rights

Phone 07 3399 1766
Fax 07 3899 8688

Why Raine & Horne Commercial?

Our full-service commercial real estate network can provide in-depth knowledge of local and regional property markets, with insight and understanding that comes from being a part of a long-established national and international property group. Committed to personalised service and achieving unsurpassed results, our clients continue to benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.

The Raine & Horne Commercial network is comprised of 100% owner-managed offices and includes numerous industry leaders and award winners. We employ agents who are empowered, encouraged to share and who maintain first rate communication to deliver the best possible outcome with every transaction. We pride ourselves on staying abreast of local and national trends and developments in the property industry, resulting in consistently cutting-edge services and holistic solutions for our clients.

Our industry experts embody and respect the family-oriented values synonymous with the Raine & Horne Commercial brand, allowing us to provide a complete range of professional services for all aspects of commercial, industrial, retail sales, leasing and specialist properties.