Surfers Paradise, Queensland

Sale $1,940,000 with 2 Bed Apartment, Net $314,698 - ID 9154

$1,940,000

Business Description

Mixed Management Rights for Sale
Strong Income Upside Potential in Surfers Paradise

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

- Simple operation with easy tasks. Most garden work is covered by the Body Corporate.

- Stable, high Body Corporate salary of $115,523 + GST, with annual CPI increases.

- Exceptional net profit of $314,698.

- Strong holiday bookings in a highly sought-after and convenient Surfers Paradise location.

- Long-term 25-year agreement, with 22 years remaining, close to full term.

- Mixed rental model with a small letting pool of only 20 units (15 holiday and 5 permanent), providing secure income. An additional 18 units are managed by outside agents, offering strong growth potential.

- Well-established business with over a decade of successful operation and a solid foundation.

- Located in the heart of the Gold Coast, within walking distance to the beach, shops, restaurants, entertainment precincts, and public transport. These features ensure consistently strong demand for holiday bookings and stable ongoing income.

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

- Exclusive-use professional office and reception area with ample storage.

Spend Less & Earn More
If you are seeking a stable, high-income business with greater certainty in the Gold Coast’s premier holiday location, along with strong income upside potential, this is an opportunity you cannot afford to miss this opportunity ticks every box, delivering strong and consistent profitability

Net Profit: $314,698
Asking Price: $1,940,000
(Inclusive of manager's real estate)

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

Management Rights Broker
Bill He

Property Code: 870

Business Summary

Business Snapshot

Price: $1,940,000 Net Profit: $333,723 Remuneration / Body Corp Salary: $112,000

Managers Unit

Value of Managers Apartment: $875,000Bedrooms: 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. Listed price $1,940,000, sale inclusive of manager’s real estate, offering immediate ownership of the manager’s apartment.
2. Exceptional reported net profit of $314,698, indicating strong cashflow generation relative to the asking price.
3. Stable, high Body Corporate salary of $115,523 plus GST, with annual CPI increases providing predictable recurring remuneration.
4. Long-term 25-year management agreement, with 22 years remaining, providing contractual security and continuity of income.
5. Mixed rental model with a small on-site letting pool of 20 units (15 holiday, 5 permanent), delivering secure letting income and concentrated control over core stock.
6. Additional 18 units managed by outside agents (or 15 outside-agent units noted in snapshot), representing clear growth potential to expand the letting pool and revenue.
7. Prime Surfers Paradise location in the heart of the Gold Coast, within walking distance to the beach, shops, restaurants, entertainment precincts and public transport, supporting strong holiday demand.
8. Over a decade of established operation, indicating a well-run business with an existing track record and systems.
9. Well-appointed manager’s residence, 2 bedrooms, 1 bathroom, secure underground parking and exclusive-use professional office and reception with ample storage, supporting on-site management effectiveness.
10. Complex amenities include pool, gym, tennis court and BBQ area, enhancing guest appeal and supporting high occupancy for holiday bookings.

Management Rights Multiplier: 3.19
ROI Estimate: 17.20%