Surfers Paradise, Queensland
High Return, Low Stress – A Smart Buy in Surfers Paradise
Under Contract / Offer
Business Description
Located in the heart of Surfers Paradise, this Holiday complex presents an exceptional entry-level management rights opportunity, perfectly suited to a first-time operator seeking both income and lifestyle. With a net profit of approximately $208,000 and a return on investment of around 15%, this business offers strong financial performance with clear potential for growth.
The complex includes 36 units, with 22 currently under management—13 holiday let and 9 permanent. The property enjoys consistently great occupancy and a loyal base of returning guests, with a 9.0 guest satisfaction rating on Booking.com. There’s also room to expand the letting pool by converting more units from outside agents or shifting permanent rentals into the holiday pool—an ideal strategy if profit growth is your priority.
The business is simple and flexible to run, with no set office hours and only contactable requirements, making it ideal for a solo operator or couple. The caretaking agreement, under the accommodation module, has 21 years remaining, ensuring long-term security.
The manager’s residence is a comfortable ground-floor, two-bedroom, one-bathroom apartment with a separate laundry and on-title office. The complex features a swimming pool, BBQ area, and tropical gardens that attract guests year-round.
For a handy or proactive buyer, there’s further income potential through additional maintenance or body corporate tasks outside the scope of the caretaking agreement. This flexibility makes it an excellent fit for those wanting to be involved and grow revenue hands-on.
With its unbeatable location, strong repeat business, and value-adding opportunities, this opportunity is the perfect launch pad into the management rights industry—offering lifestyle, income, and room to grow.
Business Summary
Key Investment Insights
1. Located in the heart of Surfers Paradise, a highly desirable and popular tourist destination.
2. Strong financial performance with a net profit of approximately $208,000 and a return on investment of around 15%.
3. Potential for growth through expanding the letting pool and converting more units from outside agents.
4. Simple and flexible business to run, ideal for a solo operator or couple.
5. Long-term security with 21 years remaining on the caretaking agreement.
6. Manager's residence is a comfortable ground-floor apartment with separate laundry and on-title office.
7. Additional income potential through maintenance or body corporate tasks.
8. Unbeatable location, strong repeat business, and value-adding opportunities make this a perfect launch pad into the management rights industry.
9. Low stress business with no set office hours and only contactable requirements.
10. Features a swimming pool, BBQ area, and tropical gardens that attract guests year-round.
11. Ideal for a first-time operator seeking both income and lifestyle.
12. Loyal base of returning guests with a 9.0 guest satisfaction rating on Booking.com.
13. Room to grow revenue hands-on for a proactive buyer.
14. Potential to shift permanent rentals into the holiday pool for increased profits.
15. Perfect opportunity for those wanting to be involved and grow revenue hands-on.
