Surfers Paradise, Queensland

Exclusive Permanent Management Rights - Gold Coast High Rise Resort

Under Contract / Offer

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 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: Under Contract / Offer 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

1300 9....

Hotel Resort Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Current net profit of $439,943, with body corporate remuneration of $494,517 plus GST and annual CPI reviews.
2. Permanent management rights with nine years remaining on a ten year agreement under the Standard Module.
3. Located in a prestigious Gold Coast high rise resort offering a sought after coastal lifestyle.
4. Complex comprises 194 units, with 12 units in the letting pool.
5. Profit and loss includes common area cleaning costs and a part time receptionist to support daily operations.
6. Body corporate pays for onsite security, pool maintenance and gardening, reducing the manager’s operational responsibilities.
7. On title manager’s apartment offers three bedrooms, two bathrooms, two car spaces and approximately 165 square metres of space.
8. Manager’s residence includes a large courtyard, separate laundry, walk in robe and air conditioning, with pets permitted.
9. On title office provides dedicated business infrastructure within the complex.
10. Resort facilities include a pool, spa, sauna, gym, tennis court, games room and BBQ area.

Management Rights Multiplier: 5.50
ROI Estimate: 11.43%