Surfers Paradise, Queensland

Boutique Luxury Resort with 520k Net - Prime Beachfront Location

$4,600,000

Business Description

Here’s your chance to own a thriving management rights business right on the beach!

Offering a rare opportunity to combine lifestyle with profit, this well-established beachfront business is a must see.

With consistent bookings, strong occupancy rates, and a solid reputation for excellent service, this business delivers.

With a healthy 19.5 years remaining on the 20 agreement, a strong supportive Body Corporate the business generates a robust net profit of $520k per annum. Plus, there’s potential opportunity to increase the net profit further by securing the 9 lock up apartments back into the letting pool.

Guests can indulge in amenities such as a heated outdoor pool, BBQ areas not to mention the direct oceanfront access.

This exceptional package includes a spacious renovated managers residence featuring an air-conditioned 3-bedroom, 2 bathroom apartment with 1 car space, plus stunning beach views.

Enjoy direct beach access and the perks of working where others vacation, all while capitalising on the region’s growing tourism demand. Whether you're expanding your portfolio or seeking a rewarding coastal change, this business is perfectly positioned for success.

Call me today to discuss this incredible opportunity.

Net Profit: $520,000

Property Code: 57

Business Summary

Business Snapshot

Price: $4,600,000 Net Profit: $520,000 Remuneration / Body Corp Salary: $105,540Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,600,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

3 Bedroom, 2 Bathroom, 1 Car Par + Large Storage Cage

Complex Information

Complex Type: HolidayTotal Units in Complex: 33Total Units in Letting Pool: 20Owner Occupy Units: 4Lockup Units: 9Manager Units: 1Agreement Module: AccommodationAgreement Term: 20 yearsAgreement Term Remaining: 19.5 yearsPool: YesBBQ Area: Yes

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

1. Rare opportunity to own a thriving management rights business in a prime beachfront location.
2. Strong occupancy rates and consistent bookings.
3. Solid reputation for excellent service.
4. Long remaining agreement of 19.5 years.
5. Potential to increase net profit by securing 9 lock up apartments back into the letting pool.
6. Amenities include a heated outdoor pool and BBQ areas.
7. Spacious renovated manager's residence with 3 bedrooms, 2 bathrooms, and stunning beach views.
8. Direct beach access and the perks of working where others vacation.
9. Capitalizing on the region's growing tourism demand.
10. Net profit of $520k per annum.
11. Price of $4,600,000 includes the business and the manager's apartment.
12. Manager's apartment valued at $1,600,000.
13. Complex information includes 33 units, 20 in the letting pool, and 1 manager's unit.
14. Agreement module is accommodation with a term of 20 years.
15. Pool and BBQ area available for guests.

Management Rights Multiplier: 5.77
ROI Estimate: 17.33%