Surfers Paradise, Queensland

Surfers Paradise Management Rights - Your Exclusive Opportunity Awaits

Under Contract / Offer

Business Description

Situated in the vibrant heart of Surfers Paradise, a mere 50 meters from pristine beaches and a short stroll to the bustling Cavill Avenue, an exceptional opportunity awaits to acquire this lucrative Management Rights business.

This high-rise apartment complex features a range of fully self-contained airconditioned one and two-bedroom apartments, each boasting ocean views and private balconies.

Attracting holidaymakers seeking a memorable getaway, the complex offers amenities such as a Heated Outdoor Pool, Two Spas, BBQ Area, and complimentary Underground Secure Parking.

The package includes a spacious two-bedroom, two-bathroom ground floor manager's residence with an expansive courtyard.

Tailored for a dynamic duo, this property, with limited outdoor gardens, provides a unique setting. For those desiring weekends off, the profit and loss statement account for an additional staff member, assisting with weekend reception duties.

Bolstering the appeal is a supportive and active Body Corporate Committee, and a recent extension of the agreements for another five years underscores the stability and longevity of this investment.

Call me today to discuss this amazing opportunity.

Net Profit: $446,345

Property Code: 9

Business Summary

Business Snapshot

Price: Under Contract / Offer Net Profit: $446,345 Remuneration / Body Corp Salary: $114,803Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $650,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes
2 Bedroom + 2 Bathroom, 1 Car Space

Complex Information

Complex Type: HolidayTotal Units in Complex: 59Total Units in Letting Pool: 31Owner Occupy Units: 12Outside Agent Units: 11Lockup Units: 4Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 18 yearsPool: YesSpa: YesSauna: YesBBQ Area: Yes
Marketing Agent
Hotel Resort Sales

Hotel Resort Sales

Key Investment Insights

1. Prime location in the heart of Surfers Paradise, only 50 meters from the beach and a short walk to Cavill Avenue.
2. High-rise apartment complex with fully self-contained one and two-bedroom apartments, all with ocean views and private balconies.
3. Attractive amenities including a heated outdoor pool, two spas, BBQ area, and complimentary underground secure parking.
4. Spacious two-bedroom, two-bathroom manager's residence with an expansive courtyard.
5. Tailored for a dynamic duo, with the potential for an additional staff member to assist with weekend reception duties.
6. Supportive and active Body Corporate Committee.
7. Recently extended agreements for another five years, providing stability and longevity for the investment.
8. Net profit of $446,345.
9. Manager's unit valued at $650,000.
10. Complex type is holiday, with 31 units in the letting pool and 12 owner-occupied units.
11. Accommodation agreement module with 18 years remaining.
12. On-site amenities include a pool, spa, sauna, and BBQ area.

Management Rights Multiplier: 5.12
ROI Estimate: 19.54%

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Management Rights For Sale

You may also like

Large Permanent - Gold Coast - ID 8562
MR Sales
Large Permanent - Gold Coast - ID 8562

BIGGERA WATERS

$2,999,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

OUTSTANDING PERMANENT MR COMPLEX IN GREAT LOCATION
Premier Business Sales
OUTSTANDING PERMANENT MR COMPLEX IN GREAT...

BIGGERA WATERS

$3,000,000

Net Income: $403,519
Managers Estate: $750,000 3 Bed 2 Bath
Letting Pool: 156
Remuneration: $218,355

Permanent Letting Close To The Beach - ID 7986
MR Sales
Permanent Letting Close To The Beach - ID...

MERMAID WATERS

$2,850,000

Net Income: $293,000
Managers Estate: $1,200,000 4 Bed 2 Bath
Letting Pool: 76
Remuneration: $200,567

Set sail in Main Beach with this management rights property net 13% ROI | Resort Brokers ID : MR008161
ResortBrokers
Set sail in Main Beach with this management...

MAIN BEACH

$2,800,000

Net Income: $367,000
Managers Estate: $1,280,000 3 Bed 2 Bath
Letting Pool: 118
Remuneration: $287,019

Sandy Toes, Solid Profits - Beachside MR in the heart of Broadbeach awaits! | Resort Brokers ID : MR008170
ResortBrokers
Sandy Toes, Solid Profits - Beachside MR in...

BROADBEACH

Expressions Of Interest

Net Income: $401,909
Managers Estate: $850,000 2 Bed 2 Bath
Letting Pool: 40
Remuneration: $73,248

Rare Opportunity to own 50% of a High Net Profit MR Business with Manager Unit in GC
Onsite Management Rights
Rare Opportunity to own 50% of a High Net...

BIGGERA WATERS

$2,990,000

Net Income: $405,027
Managers Estate: $750,000 3 Bed 2 Bath
Letting Pool: 146
Remuneration: $228,512

Rare Opportunity To Buy in Coolum Beach - ID 9145
Exploit this Unique Motel Business Opportunity
Paradise Living Awaits - Beachside MR
Modern Management Rights Opportunity – Bridgeman Downs
FREEHOLD - Fairway Views Motor Inn, Tocumwal NSW - 1P0465
Acquire a Beachfront Business Opportunity on the Sunshine Coast | Resort Brokers ID : MR008443
INNER-BRISBANE DREAM DUO - CIRCA $550K NOP - TWO SUPERBLY RUN PERMANENT MR'S | Resort Brokers ID : MR008438
FIRST-RATE QUEST LEASEHOLD OPPORTUNITY IN THRIVING NOWRA | Resort Brokers ID : LH008422
Unlock Your Dream Lifestyle – and a Price Too Good to Pass Up!
Glen Cromie Caravan Park - 1P6162
$333,723 High Return with 2.29M – ID 9154
FOR SALE BY EXPRESSIONS OF INTEREST - Paddlewheel Motel, Echuca VIC - 1P0376
Far North Queensland Coastal Tropical Caravan Tourist Park - 896CPL
Far North Queensland Coastal Tropical Caravan Tourist Park - 896CPF
33-room oceanfront Leasehold property - Swansea - Tasmania | Resort Brokers ID : LH008437
Excellent Opportunity - Business Only for Sale
Outstanding Passive Hotel Investment
Acquire a Thriving Management Rights Business Just 2.5 Hours from Sydney! | Resort Brokers ID : MR008419