Palm Beach, Queensland

Off The Plan Business Only Net Over $151K

$740,000 - Off The Plan

Business Description

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 seeking quality coastal accommodation.
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 Plan Net Profit: $162,990 Remuneration / 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
Marketing Agent
Paul Mueller
Paul Mueller

Key Investment Insights

1. Off-the-plan management rights for Elevaire Palm Beach priced at $740,000, completion anticipated February 2026.
2. Net profit reported at $162,990, with additional remuneration/body corporate salary of $56,000.
3. Boutique complex of 40 premium residences supports a small scale, high-yield operational model.
4. Letting pool comprises 20 units, with 20 owner-occupier units, implying balanced occupancy and reduced management complexity.
5. 25-year agreement term, with 25 years remaining, provides long-term security and income stability.
6. Purposefully minimal shared facilities and straightforward caretaking schedules reduce workload and staffing requirements.
7. Designed to attract long-term investors and quality residents, indicating a high-calibre, stable letting pool at settlement.
8. Prime location 100 metres from Palm Beach, immediate access to cafes, restaurants, boutique retail, Tallebudgera Creek and Burleigh Headland enhances rental appeal.
9. Gold Coast Airport located approximately 15 minutes away, strengthening demand from domestic and international travellers.
10. Delivered by a renowned project team with proven Queensland residential construction experience, supporting build quality and reputational value.
11. Managers unit includes one car space, aligning with the boutique, low-complexity onsite operator model.
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