Surfers Paradise, Queensland

Sought after Surfers Paradise MR offering balanced lifestyle and solid income | Resort Brokers ID : MR008415

$2,050,000

Business Description

Be quick to secure this premium residential Surfers Paradise Management Rights opportunity, offering a balanced work-life and solid income potential. With manageable duties for one person, a long 24-year agreement, and a supportive committee, it's an ideal investment. The renovated manager's unit boasts two bedrooms, two bathrooms, and a marina berth. Stable long-term tenants ensure a light workload.

- Prime residential complex nestled between Surfers Paradise and Broadbeach
- Low-maintenance duties - light one-person workload
- Secure investment with 24-year agreement term + supportive committee
- Upside via taking on window cleaning/ lawn mowing
- Resort amentities - tennis court, cinema, gym, spa, sauna, heated pool, private marina
- Luxuriously renovated 2-bed + 2-bath manager's unit
- Stable income potential with long-term renters
- Generous Body Corporate Salary
- No set office hours for a relaxed lifestyle
- Inspection by appointment only
Date updated: 12 Jan 2025 22:00:06

Business Summary

Business Snapshot

Price: $2,050,000 Net Profit: $218,000 Remuneration / Body Corp Salary: $155,300

Managers Unit

Value of Managers Apartment: $1,050,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 76Total Units in Letting Pool: 14Owner Occupy Units: 52Lockup Units: 9Agreement Term Remaining: 24 years