Surfers Paradise, Queensland
Rare Waterfront Opportunity with Massive Growth Potential
EXPRESSIONS OF INTEREST
Business Description
Looking for a secure, high-income business paired with luxurious waterfront living? This opportunity delivers the best of both worlds—whether you're seeking a lifestyle change or a commercially strong investment.
The business currently generates a healthy net profit of $172,159 and is simple to manage, with efficient systems and light duties. The letting pool consists of 12 permanent rentals, 17 managed externally, and 15 lockups—providing a steady income base with clear room for growth. For those with a commercial mindset, there’s solid potential to reintroduce holiday letting, especially in this high-demand Surfers Paradise location where short-term accommodation performs strongly.
If your goal is to ease into a slower-paced lifestyle without sacrificing income, this is a rare chance to do so. The manager’s unit is a standout—modern, spacious, and beautifully presented, featuring 2 bedrooms, 2 bathrooms, full air-conditioning, a secure car space, and an expansive private yard. It's not just comfortable—it’s exceptional.
The Body Corporate salary sits at $132,092 plus GST, increases annually with CPI, and makes up over 70 percent of total income—providing a stable and reliable revenue stream. The agreements are long-term, with 22 years remaining, offering long-term security and peace of mind. Also included is a generous 30 sqm professional office space, giving you a productive workspace without needing to leave home. The complex itself is peaceful, modern, and absolute waterfront, with calming views that perfectly complement the relaxed Gold Coast lifestyle.
Positioned in a prime pocket of Surfers Paradise, you're close to everything—beaches, shops, dining, public transport, medical services, and major roads—all while enjoying the quiet and charm of a central, waterfront setting.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Business Snapshot
Price: EXPRESSIONS OF INTEREST
Net Profit: $172,159 Remuneration / Body Corp Salary: $132,092
Managers Unit
Bedrooms: 2Bathrooms: 2Car Spaces: 1Complex Information
Complex Type: PermanentTotal Units in Complex: 84Total Units in Letting Pool: 12Owner Occupy Units: 40Outside Agent Units: 17Lockup Units: 15Agreement Term: 25 yearsAgreement Term Remaining: 22 years
Key Investment Insights
1. Net profit $172,159, indicating healthy current cashflow and profitability.
2. Price listed as Expressions of Interest, signalling likely competitive sale process.
3. Business described as simple to manage, with efficient systems and light duties, suitable for an owner operator seeking low operational complexity.
4. Letting pool mix provides stability, comprising 12 permanent rentals, 17 externally managed units, and 15 lockups, delivering a steady income base.
5. Clear commercial upside to reintroduce holiday letting in a high demand Surfers Paradise market, offering significant growth potential.
6. Manager’s unit is modern and spacious, 2 bedrooms and 2 bathrooms, full air conditioning, secure car space and large private yard, supporting on site management and lifestyle appeal.
7. Body Corporate salary $132,092 plus GST, which comprises over 70 percent of total income, providing a stable, predictable revenue stream.
8. Body Corporate income increases annually with CPI, adding automatic income protection against inflation.
9. Long term security from agreement structures, with a 25 year term and 22 years remaining, reducing owner turnover risk.
10. Includes a generous 30 sqm professional office, enabling productive home based administration without additional leased space.
11. Complex is absolute waterfront, peaceful and modern, enhancing rental appeal and lifestyle value.
12. Prime Surfers Paradise location, close to beaches, shops, dining, public transport, medical services and major roads, supporting strong demand for both permanent and short term accommodation.
