Surfers Paradise, Queensland

Surfers Paradise Management Rights, Prime Location & Spacious 3 Bedroom Managers Unit

$1,810,000

Business Description

An incredible opportunity has presented to purchase a thriving management rights business in the heart of Surfers Paradise, just 100 metres from the beach! Positioned on the sought-after Southern end of Surfers Paradise, this well-maintained high-rise complex offers a boutique feel with only two apartments per floor, ensuring exclusivity and privacy for guests.

The fully renovated spacious 3-bedroom manager’s residence is a rare find, offering the perfect blend of comfort and functionality:

* 3 spacious bedrooms
* 2 modern bathrooms
* High ceilings throughout, enhancing space and light
* Expansive kitchen with quality finishes and ample storage
* Separate laundry room for added convenience * Private, oversized courtyard – ideal for relaxation, entertaining or your pet

Guests will enjoy resort style amenities including outdoor pool & heated spa, Full-sized tennis court, steam room & gym, BBQ area and landscaped gardens, Meeting room / common room facilities – ideal for business travellers.

An ideal opportunity for new operators as this well-established and easy-to-manage business is perfect for first-time operators looking to enter the lucrative management rights industry. With a strong net profit of $184,548, a prime beachfront location, and low-maintenance operations, this opportunity offers both lifestyle and financial rewards.

Net Profit: $184,548

Property Code: 66

Business Summary

Business Snapshot

Price: $1,810,000 Net Profit: $184,548 Remuneration / Body Corp Salary: $117,451Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $995,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: Exclusive UsePets OK: Yes

Complex Information

Complex Type: HolidayManager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesBBQ Area: YesFunction Facilities: Yes

Marketing Agent

Craig Johnson

Rebecca Johnson

Hotel Resort Sales

Key Investment Insights

1. Prime beachfront location in Surfers Paradise, just 100 metres from the beach.
2. Well-maintained high-rise complex with a boutique feel, only two apartments per floor.
3. Fully renovated and spacious 3-bedroom manager's residence with high ceilings and modern finishes.
4. Resort-style amenities including outdoor pool, heated spa, tennis court, steam room, gym, BBQ area, and landscaped gardens.
5. Meeting room and common room facilities for business travelers.
6. Ideal opportunity for first-time operators looking to enter the lucrative management rights industry.
7. Strong net profit of $184,548.
8. Low-maintenance operations.
9. Offers both lifestyle and financial rewards.
10. Property Code: 66.

Management Rights Multiplier: 4.42
ROI Estimate: 22.64%