Surfers Paradise, Queensland

Premium Business-Only in Paradise

SOLD

Business Description

Welcome to Allure, a standout high-rise development nestled on the vibrant Chevron Island – offering residents a peaceful retreat with luxurious on-site amenities and a breeze for Management in prime coastal lifestyle.

Rising 17 levels, Allure features 94 beautifully appointed apartments and represents an exceptional business-only Management Rights opportunity for an astute operator seeking strong long-term returns in a growth corridor. Currently huge opportunity for letting pool growth with 9 under management, 12 outside managed and one lock up.

Elevate everyday living with the rooftop’s luxurious infinity pool, expansive sundeck, and stylish covered entertaining area with BBQ and panoramic views of the Surfers Paradise skyline, Nerang River, and hinterland.

Positioned for Growth: Chevron Island is a rapidly evolving enclave of the Gold Coast, well-regarded for its mix of lifestyle, connectivity, and demand from both owner-occupiers and investors. Allure’s management rights provide an incoming operator with not just a profitable business, but also the chance to immerse themselves in a vibrant coastal community.

Premium Facilities & Lifestyle Appeal: The building features a stunning ground floor reception area with a resident’s lounge, fireplace, wine cellar, guest suite, lush subtropical courtyard, and a state-of-the-art gym.

Business-only model offering lifestyle flexibility

23 Years Remaining on Caretaking & Letting Agreements (Accommodation Module)

No requirement to live onsite and no set office hours

Strong Body Corporate salary of $117,000 p.a., reviewed annually in June

Opportunity to increase income by converting externally managed units

Appointments are strictly by appointment only. Please contact Syd Douglas to arrange an inspection of the building today.

Business Summary