Surfers Paradise, Queensland

Beachfront Management Rights with Stunning Ocean Views - ID 8791

Offers Over $1,150,000

Business Description

Gold Coast Management Rights For Sales

Introducing your Beachfront Paradise

Discover the perfect balance of income and lifestyle, a remarkable beachfront management rights offering stunning ocean views from all 20 units. With prime location and direct beach access, this is your chance to work and live the dream!

Immerse yourself in a balanced lifestyle! Enjoy the breathtaking beach views, direct beach access, and the flexibility of no set hours and low maintenance duties. This unique opportunity is perfect for those seeking a harmonious blend of income and beachside lifestyle.

- Healthy net profit of $136,000

- Generous Body Corporate salary of $52,062

- Stable letting pool of 12 units

- No office hours!

- Low maintenance caretaking duties (1-2 person operation)

- Over 20 years on the agreements

- Supportive Body Corporate Committee and Manager

- Prime location in Surfers Paradise

- Amazing work-life balance!

The manager's residence is a modern, ground-floor unit with two bedrooms, two bathrooms, and direct access to the beach. Wake up to stunning ocean views and take advantage of the larger-than-normal outdoor terrace. Enjoy morning walks on the beach, quick trips to Surfer's Paradise, and evening drinks overlooking the ocean. The outdoor terrace with external access is even pet-friendly (subject to body corporate approval)!

Don't miss out on this amazing opportunity. With its modernized units, prime location, stable rental pool, and excellent facilities, it's perfect for the entry-level buyer or downsizers looking for a balanced lifestyle. Contact us now to secure your piece of beachfront paradise!

Net Profit: $136,432

Asking Price: Offers over $1,150,000

(Inclusive of manager's real estate)

For further information or to arrange for an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Broker

Ben Lynn

Property Code: 602

Business Summary

Business Snapshot

Price: Offers Over $1,150,000 Net Profit: $136,432 Remuneration / Body Corp Salary: $52,063

Managers Unit

Value of Managers Apartment: $610,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
Two-bedroom, two-bathroom, modern ground-floor unit, with direct access to the beach

Complex Information

Complex Type: HolidayTotal Units in Complex: 11Total Units in Letting Pool: 12Owner Occupy Units: 4Outside Agent Units: 1Lockup Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsSpa: YesBBQ Area: Yes
Marketing Agent

Key Investment Insights

1. Prime beachfront location with stunning ocean views.
2. Low maintenance duties with no set office hours.
3. Stable rental pool with 12 units.
4. Long-standing agreements with over 20 years remaining.
5. Generous Body Corporate salary and healthy net profit.
6. Modern, ground-floor manager's residence with direct beach access.
7. Pet-friendly outdoor terrace (subject to body corporate approval).
8. Perfect balance of income and lifestyle.
9. Supportive Body Corporate Committee and Manager.
10. Amazing work-life balance.
11. Ideal for entry-level buyers or downsizers.
12. Modernized units and excellent facilities.
13. Opportunity to live and work in a beachfront paradise.
14. Potential for growth and expansion.
15. Offers over $1,150,000 (inclusive of manager's real estate).

Management Rights Multiplier: 3.96
ROI Estimate: 25.27%

Listing location

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