Surfers Paradise, Queensland
Exceptional Management Rights Opportunity – Surfers Paradise
$1,399,000
Business Description
Prime Location – Beachside Lifestyle with Business Benefits
Seize this rare opportunity in the heart of Surfers Paradise! Perfectly positioned on the light rail line and just 2 minutes’ walk to world-class beaches, cafes, and restaurants, this property offers both lifestyle and income in one of Australia’s most iconic coastal destinations.
Key Features:
• Unbeatable Location – Walk to the beach, dining, and shopping
• Well-Maintained Building – Includes pool, BBQ areas, children's playground, pickleball courts, tennis court, library and secure parking
• Supportive Body Corporate – Professional and cooperative environment
• Long Agreement – 10-year agreement with approx. 8.5 years remaining
• Flexible Hours – Office operates 5.5 days/week, offering scope to expand into letting and sales (licensed operators only)
Letting Pool Overview:
• Total units: 189
• Letting pool: 19 (5 holiday, 14 permanent)
• Huge growth potential in both permanent and holiday letting
Bonus Inclusions:
• On-title office and reception
• Exclusive use of over 30 storage areas
• No requirement to live onsite
Financials:
• Real Estate: $200,000
• Body Corporate Salary: $230,254
• Business Netts: $293,900
• Total Purchase Price: $1,399,000
Whether you're an experienced operator or seeking a sea change with upside, this is a standout management rights opportunity in a blue-chip location.
Enquire now to secure your foothold in the booming Gold Coast market.
Business Summary
Business Snapshot
Price: $1,399,000
Net Profit: $293,900 Remuneration / Body Corp Salary: $230,542
Managers Unit
Office: On TitlePets OK: YesComplex Information
Complex Type: MixedTotal Units in Complex: 189Total Units in Letting Pool: 19Manager Units: 1Agreement Module: AccommodationAgreement Term: 10 yearsAgreement Term Remaining: 8 yearsPool: YesGym: YesTennis Court: YesGames Room: YesBBQ Area: YesWIFI: Yes
Key Investment Insights
1. Prime location in the heart of Surfers Paradise, with easy access to public transportation, beaches, and popular dining and shopping options.
2. Well-maintained building with a range of amenities including a pool, BBQ areas, playground, and secure parking.
3. Supportive and professional body corporate, creating a positive and cooperative environment for the management rights operator.
4. Long agreement with approximately 8.5 years remaining, providing stability and security for the business.
5. Flexible working hours with the potential to expand into letting and sales for licensed operators.
6. Small letting pool of 19 units, with potential for growth in both permanent and holiday letting.
7. Bonus inclusions such as an on-title office and reception, exclusive use of storage areas, and no requirement to live onsite.
8. Strong financials with a net profit of $293,900 and a body corporate salary of $230,254.
9. Manager's unit included in the sale, with the option for pets.
10. Mixed complex with a total of 189 units, providing a diverse range of potential tenants.
11. Accommodation agreement module with a 10-year term and 8 years remaining.
12. Range of on-site facilities including a pool, gym, tennis court, games room, BBQ area, and WIFI.
13. Opportunity for an experienced operator or someone seeking a sea change with potential for growth in the booming Gold Coast market.
