Surfers Paradise, Queensland

Another $100,000 Price Drop From $2,290,000 – ID 9154

$2,190,000

Business Description

Mixed Management Rights for Sale
Huge Growth Potential with Simple Work

Are you looking for a smaller investment with a larger return?

- Simple job with easy tasks, and most of the garden work is covered by the Body Corporate.

- Stable, high Body Corporate salary of $112,000 with CPI increases.

- Extremely high net profit: $333,723.

- Strong holiday bookings in a highly sought-after, convenient location.

- Long-term 25-year agreement, with 24 years remaining.

- Rental mix with a very small percentage in the letting pool (26 total: 17 holiday, 9 permanent), offering security for your earnings. 15 units under outside agents, providing great income growth potential.

- Over a decade of established business with a solid foundation.

- Located in the centre of the Gold Coast, with everything within walking distance – including a beautiful beach, shops, restaurants, entertainment areas, and public transport – ensuring stable, high-demand holiday bookings and continuous income.

- Excellent manager’s residence with 2 bedrooms, 1 bathroom, and secure underground parking for 1 car.

- Exclusive-use professional office and reception area with plenty of storage.

Spend Less & Earn More!

If you're looking for a stable, high-income business with more certainty in the best holiday location on the Gold Coast, plus the potential to increase income, this is an opportunity you can’t afford to miss.

This opportunity ticks every box, allowing you to generate high profits on a continuous basis.

Net Profit: $333,723
Reduced Asking Price: $2,190,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Bill He

Property Code: 870

Business Summary

Business Snapshot

Price: $2,190,000 Net Profit: $333,723 Remuneration / Body Corp Salary: $112,000

Managers Unit

Value of Managers Apartment: $695,500Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: Exclusive Use

Very good manager’s residence featuring 2 bedrooms, 1 bathroom, and 1 secure underground car space. Exclusive-use professional office and reception area with plenty of storage.

Complex Information

Complex Type: MixedTotal Units in Complex: 73Total Units in Letting Pool: 26Owner Occupy Units: 30Outside Agent Units: 15Lockup Units: 2Manager Units: 1Agreement Term: 25 yearsAgreement Term Remaining: 24 yearsPool: YesGym: YesTennis Court: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. Simple job with easy tasks, and most of the garden work is covered by the Body Corporate.
2. Stable, high Body Corporate salary of $112,000 with CPI increases.
3. Extremely high net profit: $333,723.
4. Strong holiday bookings in a highly sought-after, convenient location.
5. Long-term 25-year agreement, with 24 years remaining.
6. Rental mix with a very small percentage in the letting pool (26 total: 17 holiday, 9 permanent), offering security for your earnings. 15 units under outside agents, providing great income growth potential.
7. Over a decade of established business with a solid foundation.
8. Located in the centre of the Gold Coast, with everything within walking distance – including a beautiful beach, shops, restaurants, entertainment areas, and public transport – ensuring stable, high-demand holiday bookings and continuous income.
9. Excellent manager’s residence with 2 bedrooms, 1 bathroom, and secure underground parking for 1 car.
10. Exclusive-use professional office and reception area with plenty of storage.
11. Net profit of $333,723 and reduced asking price of $2,190,000 (inclusive of manager's real estate).
12. Mixed complex with 73 total units, 26 in the letting pool, and a good balance of owner-occupied and outside agent units.
13. Complex amenities include a pool, gym, tennis court, and BBQ area.

Management Rights Multiplier: 4.48
ROI Estimate: 22.33%