Surfers Paradise, Queensland

Prime Surfers Paradise MR with Huge Potential

$375K MR & $800K UNIT = Total $1.175M

Business Description

Located in the heart of Surfers Paradise, this exceptional management rights opportunity offers the perfect balance between lifestyle and investment. The business generates a net profit of approximately $88,363 per annum, including a $50,000 salary component, and is supported by a manageable letting pool of 10 units out of a total of 22 in the complex.

The on-title manager’s unit is a well-maintained two-bedroom, one-bathroom residence with a dedicated office space.

Caretaking duties are minimal, making the day-to-day operations very easy to manage—ideal for a single operator or couple seeking a steady income without being tied down to an intensive workload. Standard agreements are in place, providing a solid foundation for ongoing operations.

What truly sets this property apart is its long-term potential. Situated on a generous 1,616m² land parcel in one of Australia's most sought-after development corridors, the site has previously been earmarked for future development. Zoned for unlimited height, the location lends itself to high-rise redevelopment opportunities.

This opportunity is well-suited to first-time management rights operators or semi-retired couples looking for a low-maintenance business that provides steady income. It also represents a smart acquisition for investors or developers wanting to landbank a future development site while earning an income from day one.

The rare combination of a secure income stream, strategic Surfers Paradise location, and high-potential development upside makes this a compelling proposition for buyers who appreciate both short-term yield and long-term growth.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $375K MR & $800K UNIT = Total $1.175M Net Profit: $88,363 Remuneration / Body Corp Salary: $51,900

Managers Unit

Value of Managers Apartment: $800,000Bedrooms: 2Bathrooms: 1Car Spaces: 1

Complex Information

Complex Type: PermanentTotal Units in Complex: 22Total Units in Letting Pool: 10Outside Agent Units: 12Agreement Term: 25 yearsAgreement Term Remaining: 10 years
Marketing Agent
Greg Litzner
Greg Litzner

Syd Douglas
Syd Douglas

Key Investment Insights

1. Located in the heart of Surfers Paradise, a highly desirable and sought-after location in Australia.
2. Offers a perfect balance between lifestyle and investment.
3. Generates a net profit of approximately $88,363 per annum, including a $50,000 salary component.
4. Supported by a manageable letting pool of 10 units out of a total of 22 in the complex.
5. On-title manager's unit is a well-maintained two-bedroom, one-bathroom residence with a dedicated office space.
6. Minimal caretaking duties, making day-to-day operations easy to manage.
7. Standard agreements in place, providing a solid foundation for ongoing operations.
8. Situated on a generous 1,616m² land parcel with potential for future development.
9. Zoned for unlimited height, offering high-rise redevelopment opportunities.
10. Suitable for first-time management rights operators or semi-retired couples.
11. Represents a smart acquisition for investors or developers looking to landbank a future development site while earning an income.
12. Rare combination of secure income stream, strategic location, and high-potential development upside.
13. Listed by Ras360, specialists in management rights, motels, hotels, pubs, and parks.
14. Total price of $1.175 million includes $375,000 for management rights and $800,000 for the manager's unit.
15. Net profit of $88,363 and remuneration/body corp salary of $51,900.
16. Manager's unit valued at $800,000 and includes 2 bedrooms, 1 bathroom, and 1 car space.
17. Complex is permanent and has a total of 22 units, with 10 in the letting pool and 12 managed by outside agents.
18. Agreement term of 25 years with 10 years remaining.

Management Rights Multiplier: 4.24
ROI Estimate: 23.56%

Listing location
Gallery

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