Surfers Paradise, Queensland

High-Profit Management Rights with Growth Potential in Surfers Paradise | Resort Brokers ID : MR008529

$1,699,000

Business Description

ResortBrokers brings to market one of the most iconic holiday management rights businesses in the heart of Surfers Paradise. This famous holiday apartment complex is the centre of it all, offering a supervisory role that delivers great flexibility to being on & off site.

The property boasts a spacious two-bedroom, two-bathroom manager's residence, complete with a single car space.

Additionally, the generous body corporate salary of circa $153,000 provides a solid base for your net operating profit of over $277,000. Testament to the property's strong track record of returning holidaymakers.

The business is supported by the accommodation module which spans 25 years, ensuring longevity for your business. With a swimming pool and barbecue area only as your facilities, this property delivers lifestyle and business rolled into one.



- Property operated under the accommodation module (25 years)
- Strong net operating profit of $277,968 underpinned by a body corporate salary of $153,000
- Limited duties - Body Corporate pays for common area cleaning, garden, and pool maintenance
- Huge upside - 34 out of 65 in the letting pool = Opportunity (23 with outside agents)
- Situated in a highly sought-after Surfers Paradise location
- No requirement to live onsite (nominee permitted)
- 2 bedroom, 1.5 bathroom, 1 carpark manager's residence that could be added to the letting pool
- Inspections by appointment only
Date updated: 29 May 2025 09:25:36

Business Summary