Surfers Paradise, Queensland

Exclusive Permanent Management Rights for Sale - Gold Coast High Rise Resort

$3,850,000

Business Description

Hotel Resort Sales is pleased to present this rare opportunity to acquire a high-performing permanent management rights business in one of the Gold Coast’s most sought-after lifestyle locations. This prestigious high-rise resort offers an enviable combination of consistent income, long-term security, and the freedom to enjoy Australia’s premier coastal destination.

Key Investment Highlights:

• Outstanding Financial Performance: Current net profit of $439,943 with continued growth potential via CPI-linked increases.
• Exceptional Body Corporate Salary: $494,517 + GST annually providing unmatched stability and income security.
• Premium Resort Facilities: Residents enjoy a suite of resort-style amenities including sparkling pool/s, fully equipped gym, BBQ areas, and beautifully landscaped grounds – all maintained to the highest standards.
• Luxury Manager’s Residence: Spacious and stylish 3-bedroom, on-title apartment offering comfort, privacy, and breathtaking surrounds.
• Well-Structured Staffing: Profit and loss include costs for common area cleaning and a part-time receptionist, ensuring smooth day-to-day operations.
• Body Corporate pay for: Onsite security, pool maintenance and gardening duties giving you the opportunity to concentrate on managing your business.

This is the perfect balance of profitability and lifestyle – operate a thriving, established business while enjoying the benefits of living in one of Australia’s most iconic beachside destinations.

Opportunities of this calibre are rarely available – contact Craig today for further information.

Net Profit: $439,943

Property Code: 70

Business Summary

Business Snapshot

Price: $3,850,000 Net Profit: $439,943 Remuneration / Body Corp Salary: $494,517Business Value: $2,420,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $1,430,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On TitlePets OK: Yes

3 Bedroom, 2 bathroom, Separate laundry, Large Courtyard, walk in robe, 2 Car Parks, Airconditioned, size approx. 165m2

Complex Information

Complex Type: PermanentTotal Units in Complex: 194Total Units in Letting Pool: 12Owner Occupy Units: 168Outside Agent Units: 6Lockup Units: 6Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesSauna: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: Yes

Marketing Agent

Craig Johnson

Hotel Resort Sales

Key Investment Insights

1. Current net profit $439,943, with stated growth potential via CPI-linked increases.
2. High-value remuneration, listed as body corporate salary $472,162 in the snapshot, and earlier quoted as $494,517 plus GST, providing substantial income security.
3. Asking price $3,850,000, offering an entry with established profitability and included managers apartment value $1,430,000.
4. On-title luxury 3-bedroom manager’s residence, approx. 165m2, 2 bathrooms, separate laundry, large courtyard, walk-in robe, 2 car parks, airconditioned, pets allowed.
5. Long-term agreement structure, standard module with a 10-year term and approximately 9 years remaining, delivering tenure stability.
6. Large permanent complex of 194 units, predominantly owner-occupied with 168 owner-occupy units and only 12 units in the letting pool, indicating low turnover and stable community.
7. Extensive resort facilities on-site including pool, spa, sauna, gym, tennis court, games room and BBQ areas, supporting resident amenity and premium positioning.
8. Body Corporate funds cover onsite security, pool maintenance and gardening, reducing operational burden and controllable expenses for the manager.
9. Well-structured staffing costs included in P&L, covering common area cleaning and a part-time receptionist, ensuring smooth day-to-day operations.
10. Manager unit is on-title and included in the offering, combining residential lifestyle benefits with business ownership in a premier Gold Coast beachside location.

Management Rights Multiplier: 5.50
ROI Estimate: 11.43%