Surfers Paradise, Queensland

Boutique Management Rights - Just Steps From The Beach!

$1,650,000

Business Description

Perfectly positioned between Surfers Paradise and Broadbeach, this beautifully maintained management rights complex offers an enviable beachside lifestyle. Just steps from the sand, it provides the perfect balance of work and leisure.

With no set office hours in the agreement, this opportunity offers flexible management of body corporate duties, making it ideal for a single operator, a couple seeking a more relaxed lifestyle, or those looking to balance work with additional commitments.

The spacious ground-floor manager’s unit features two bedrooms, 1.5 bathrooms, a fully enclosed outdoor entertainment area as well as an oversized private courtyard - perfect for pets or entertaining.

This boutique, low-maintenance complex consists of 24 units, with 12 in the letting pool (includes 1 external let), plus two of which are dual key. The self-contained apartments are a favourite among holidaymakers and returning guests, boasting immaculate presentation and outstanding 5-star Google reviews. On-site amenities include a swimming pool, spa, sauna, and secure underground parking.

Located directly across from the Surf Club and patrolled beach, with a park and beach access just steps away. Conveniently positioned near an array of shops including pizza shop, takeaway, convenience store, bottle shop, and a tram stop.

With a proactive and highly supportive Body Corporate, this is a rare chance to secure a thriving beachside management rights business that offers both lifestyle flexibility and strong returns!

Call Craig for further information or to arrange an inspection.

Net Profit: $173,492

Property Code: 68

Business Summary

Business Snapshot

Price: $1,650,000 Net Profit: $173,492 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 2Bathrooms: 1Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 24Total Units in Letting Pool: 12Owner Occupy Units: 10Outside Agent Units: 1Lockup Units: 2Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 22 yearsPool: YesSpa: YesSauna: Yes

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

1. Boutique management rights complex located between Surfers Paradise and Broadbeach.
2. Steps away from the beach, offering an enviable beachside lifestyle.
3. No set office hours in the agreement, providing flexibility for the manager.
4. Ideal for a single operator, a couple seeking a relaxed lifestyle, or those looking to balance work with other commitments.
5. Spacious ground-floor manager's unit with two bedrooms, 1.5 bathrooms, enclosed outdoor entertainment area, and private courtyard.
6. Boutique, low-maintenance complex with 24 units, 12 in the letting pool (including 1 external let), and two dual key apartments.
7. Self-contained apartments with immaculate presentation and outstanding 5-star Google reviews.
8. On-site amenities include a swimming pool, spa, sauna, and secure underground parking.
9. Located directly across from the Surf Club and patrolled beach, with a park and beach access just steps away.
10. Conveniently positioned near an array of shops and a tram stop.
11. Proactive and highly supportive Body Corporate.
12. Rare opportunity to secure a thriving beachside management rights business with lifestyle flexibility and strong returns.
13. Net profit of $173,492.
14. Property Code: 68.

Management Rights Multiplier: 4.03
ROI Estimate: 24.78%