Price Reduced
Permanent Management Rights in prime location offering a solid BC salary
ResortBrokers presents Lumiere, a premier management rights opportunity at the Broadwater Esplanade.
ResortBrokers presents Lumiere, a premier management rights opportunity at the Broadwater Esplanade. Located in one of the Gold Coast’s most desirable areas, Lumiere offers a high-performing, low-maintenance business with strong financial returns and a relaxed coastal lifestyle. This blue-chip asset delivers a net profit of $232,553 plus GST, supported by a body corporate salary of $183,619 plus GST, which accounts for approximately 78% of the total net income. The business includes additional revenue from a manageable letting pool of 13 units. With no office hours and 23 years remaining on the accommodation module, this opportunity provides long-term security and an exceptional work-life balance. The package also includes a luxurious two-bedroom, two-bathroom manager’s residence, making it ideal for those seeking income and lifestyle. This is a rare chance to secure a sustainable business in a prime waterfront location with minimal workload and maximum potential.
- Net profit
- $235K
- Asking $2,300,000
- Asking price
- $2.3M
- Management Rights - All
The business at a glance.
- Body Corporate Salary is 83% of the total Net Operating Profit
- 13 letting appointments. Long term tenants with high rental returns
- Beautifully renovated two-bed, two-bath, two-car manager's residence
- Long-term accommodation module with 23 years remaining
- Permanent residence (Sunland build)
- Pet-friendly complex
- No office hours (contactable only)
- Low maintenance duties
- Inspection by appointment only

The asset, the manager unit, the location.
Labrador, QLD
Labrador, QLD
Talk to the broker.
Enquire about this property
Clint Amos
Specialist Accommodation Broker, Northern Gold Coast
0482 061 261
07 3878 3999
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Run the numbers yourself.
Same model our brokers use to appraise. Adjust net profit, multiplier, real estate component. The result is indicative — independent appraisal available on request.
Request appraisalIndicative total$2,303,000
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