Paradise Waters, Queensland

Strong Income & Low-Maintenance Duties - Permanent Letting | Resort Brokers ID : MR009325

$1,985,000

Business Description

Kings Row Centre in Paradise Waters presents a secure permanent letting management rights opportunity with a $171,886 net profit and a straightforward, manageable operation.

The 64-lot complex includes a 15-unit letting pool supported by an attractive body corporate salary. There is also scope to grow the letting pool, with just three outside agents currently managing units within the complex.

The business offers simple, low-maintenance caretaking duties with office hours limited to weekdays, keeping your weekends free and making it an appealing option for a first-time operator or experienced purchaser looking for a business that offers a genuine lifestyle balance.

Included in the sale is a modern two-bedroom, two-bathroom manager’s residence, complete with a dedicated office and one car space. Residents also enjoy a swimming pool, spa and barbecue area.

Positioned in central Paradise Waters, the property is within easy reach of the Gold Coast’s major amenities, employment precincts and established rental markets in a sought-after waterfront suburb.

- $171,886 Net Profit – strong income from a manageable permanent letting business
- 15-Unit Letting Pool – established permanent letting base within 64 lots
- Strong Body Corporate Salary
- Low-Maintenance Duties – straightforward operation
- Quality Two-Bedroom Residence – includes office, one car space and storage
- Fantastic Gold Coast Location – central Paradise Waters position close to key amenities
- First-Time Operator Friendly – simple permanent letting model with manageable responsibilities
- Inspection by appointment only
Date updated: 18 Oct 2026 23:00:12

Business Summary

Business Snapshot

Price: $1,985,000 Net Profit: $171,886 Remuneration / Body Corp Salary: $85,231

Managers Unit

Value of Managers Apartment: $1,185,000Bedrooms: 2Bathrooms: 2Office: On Title

Complex Information

Complex Type: PermanentTotal Units in Complex: 64Total Units in Letting Pool: 15Owner Occupy Units: 46Outside Agent Units: 3Agreement Term Remaining: 8 years
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