Surfers Paradise, Queensland

Low Maintenance Permanent Management Rights in Surfers Paradise - ID 9172

$1,862,000

Business Description

Permanent Management Rights for Sale
Significant Income Upside Potential

- Incredible “Money-Making Machine” opportunity with this lucrative business.

- Stable, very high Body Corporate salary of $200,741 plus GST, with annual CPI increases.

- High net profit of $234,879, with most income derived from the reliable Body Corporate salary.

- 25-year agreement with 21 years remaining.

- Supportive committee and very manageable tasks; all rentals are permanent (no holiday rentals), allowing for fewer hours and easier management for one person.

- All permanent rentals with a letting pool of 21, 6 outside agents, and 2 lock-ups.

- Additional income sources include 6 large storage units, multiple luggage rooms, and a secure car park—all in the heart of Surfers Paradise, a high-demand area in the Gold Coast.

- Opportunity for extra income from in-complex maintenance and renovations, ideal for someone skilled in handy work.

- Spacious 3-bedroom, 2-bathroom manager’s residence with 2 secure car spaces and air conditioning.

- Professional office space attached on title.

- Prime central location in Surfers Paradise; shops, restaurants, medical services, public transport, and beaches are all within a 1–2-minute walk—arguably the most convenient location in the Gold Coast.

- Priced at $1,862,000, including the 3-bedroom apartment.

Compare and see the real difference for yourself—discover the ease and simplicity of stable earnings.
Don’t miss out; act now to avoid future regret!

Net Profit: $234,879
Asking Price: $1,862,000
(Inclusive of 3-Bedroom manager's real estate)

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

Management Rights Brokers
Bill He

Property Code: 921

Business Summary

Business Snapshot

Price: $1,862,000 Net Profit: $234,879 Remuneration / Body Corp Salary: $200,741

Marketing Agent

Bill He

MR Sales

Key Investment Insights

1. Stable, high Body Corporate salary of $200,741 plus GST, with annual CPI increases, forming the majority of reliable income.
2. Strong net profit of $234,879, indicating healthy overall profitability relative to asking price.
3. Long agreement term, 25 years originally with 21 years remaining, providing long‑term revenue security.
4. Permanent rentals only, no holiday rentals, allowing reduced management hours and simpler operations for a single manager.
5. Low maintenance operational model described as a “money making machine”, with supportive committee and very manageable tasks.
6. Letting pool of 21 units, six outside agents, and two lock ups, supporting steady occupancy and external marketing reach.
7. Additional income streams from six large storage units, multiple luggage rooms, and a secure car park, all onsite.
8. Opportunity to earn extra revenue through in‑complex maintenance and renovations, suited to a hands‑on buyer.
9. Included spacious 3 bedroom, 2 bathroom manager’s residence valued at $680,000, with two secure car spaces, air conditioning, and on‑title professional office.
10. Prime central Surfers Paradise location, shops, restaurants, medical services, public transport and beaches within a one to two minute walk, enhancing tenant demand.
11. Complex amenities include pool, spa, tennis court and BBQ area, adding resident appeal and retention potential.
12. Asking price $1,862,000 inclusive of the manager’s apartment, enabling a single transaction for business and residence.

Management Rights Multiplier: 5.03
ROI Estimate: 12.61%