Elevaire Palm Beach is one of the Gold Coast’s newest and most desirable Business Only management rights opportunities, purposefully designed for operational ease and strong long term performance. Located at 1409, 1411 Gold Coast Highway, only 100 metres from the beach, Elevaire blends modern coastal architecture with a streamlined caretaking and letting structure that perfectly suits established operators.
With completion anticipated in February 2026, the development is being delivered by a renowned project team with a proven track record in high quality residential construction across Queensland. The boutique scale of just forty premium residences, paired with minimal shared facilities, supports a highly efficient business model. This allows the incoming operator to enjoy a lifestyle balanced workload, reliable revenue, and reduced staffing requirements.
Elevaire has been intentionally crafted to appeal to long term investors and quality residents, ensuring the foundation for a stable and high calibre letting pool at settlement. Legal structures have been set up to provide clarity, simplicity, and operational certainty, with straightforward caretaking schedules and minimal common area obligations that align with industry best practice.
Positioned at the heart of Palm Beach’s thriving coastal corridor, residents enjoy immediate access to leading cafes, restaurants, boutique retail, and pristine outdoor amenity including Tallebudgera Creek and Burleigh Headland. Continued rental demand and strong local growth underpin the business performance. The Gold Coast Airport sits just fifteen minutes south, enhancing appeal for domestic and international travellers.
Elevaire Palm Beach stands as a rare chance to secure a first class off the plan management rights asset in one of the city’s most tightly held beachside suburbs. Its boutique size, clean operational framework, and premium design make it ideally suited to experienced onsite operators seeking a secure, low complexity coastal business with enduring value.
Business Summary
Business Snapshot
Price: $740,000 - Off The PlanNet Profit: $162,990Remuneration / Body Corp Salary: $56,000
Managers Unit
Car Spaces: 1
Complex Information
Complex Type: PermanentTotal Units in Complex: 40Total Units in Letting Pool: 20Owner Occupy Units: 20Agreement Term: 25 yearsAgreement Term Remaining: 25 years
1. Net profit projected at $162,990, with asking price $740,000 off the plan, indicating strong cashflow relative to purchase price.
2. Completion scheduled February 2026, offering an off‑the‑plan acquisition with settlement timeline clear.
3. Prime beachside location 100 metres from Palm Beach, enhancing rental appeal and premium positioning.
4. Boutique scale of 40 premium residences, supporting a compact, manageable operation.
5. Letting pool of 20 units and 20 owner‑occupied units, providing a balanced, stable resident mix.
6. Long term 25 year agreement in place, delivering long‑dated income security for the operator.
7. Minimal shared facilities and straightforward caretaking schedules, enabling reduced staffing requirements and streamlined operations.
8. Purposeful legal structures and simple operational framework, providing clarity and certainty at settlement.
9. Delivered by a reputable project team with proven Queensland experience, reducing development and construction risk.
10. Managers unit included, with one car space and body corporate salary/remuneration of $56,000, supporting onsite operator viability.
11. Strong location amenities including cafes, restaurants, boutique retail, Tallebudgera Creek and Burleigh Headland, underpinning ongoing rental demand.
12. Proximity to Gold Coast Airport approximately 15 minutes away, enhancing short‑term rental appeal to domestic and international travellers.