Surfers Paradise, Queensland

Mixed Management Rights for Sale in Surfers Paradise with 2.00 Multiplier - ID 9167

$1,087,000

Business Description

Mixed Management Rights For Sale
A Super Bargain You've Never Seen Before!

- Super Low multiplier only 2 in Surfers Paradise.

- Simple job and less workload.

- High stable body corporate salary $104,404 plus GST with CPI increase.

- High Net profit $133,041.

- You pay what you can get! The REAL Solid Value!

- Huge potential for income growth through multiple resources (letting pool increase, sale commission, maintenance income etc.).

- If you have very good communication skills and handy, you can make much MORE!

- Good manager’s residence with 2 bedrooms, 2 bathrooms, 1 security underground car space.

- Beautiful multiple courtyards, large professional office and reception area on title.

- Super convenient location, close to everything, all in walking distance, shops, restaurants, beach, park, public transport etc.

- The total price is only $1,087,000 (including very good 2 bedroom’s apartments in Surfers Paradise).

It must be QUICK to get this super deal!

Net Profit: $133,041
Asking Price: $1,087,000
(Inclusive of Managers Real Estate)

For further information or to arrange an inspection of this business opportunity contact:

Management Rights Broker
Bill He

Property Code: 898

Business Summary

Business Snapshot

Price: $1,087,000 Net Profit: $136,430 Remuneration / Body Corp Salary: $104,404Business Value: $248,000

Managers Unit

Value of Managers Apartment: $820,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On Title

Two-bedroom, two-bathroom, and one secure underground car space

Complex Information

Complex Type: MixedTotal Units in Complex: 55Total Units in Letting Pool: 8Owner Occupy Units: 38Outside Agent Units: 8Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 15 yearsPool: YesSpa: YesSauna: YesTennis Court: YesBBQ Area: Yes

Marketing Agent

Bill He

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Extremely low multiplier of 2.00 for Surfers Paradise, signalling high value for buyers.
2. Asking price $1,087,000, inclusive of the manager’s real estate.
3. Manager’s apartment valued at $820,000, configured as 2 bedrooms, 2 bathrooms and 1 secure underground car space, with office on title.
4. Reported net profit approximately $133,000, with an alternate snapshot figure of $136,430 indicating strong profitability.
5. High stable body corporate salary/remuneration $104,404 plus GST, indexed by CPI.
6. Agreement structure is accommodation module, 25 year term with 15 years remaining, providing long-term income security.
7. Small letting pool of 8 units within a 55‑unit mixed complex, presenting clear upside by increasing letting pool and sale commissions.
8. Low workload described as a simple job, with potential to increase income significantly if manager is communicative and handy; multiple revenue streams cited including maintenance income.
9. On‑title large professional office and reception area, supporting in‑house management and tenant service.
10. Strong amenity offering: pool, spa, sauna, tennis court and BBQ area, enhancing appeal to holiday and owner‑occupier markets.
11. Super convenient Surfers Paradise location, all within walking distance to shops, restaurants, beach, parks and public transport.
12. Agreement term, compact letting pool and included high‑value managers unit make this a quick-sale, turn‑key opportunity with identifiable growth levers.

Management Rights Multiplier: 1.96
ROI Estimate: 12.55%