Surfers Paradise, Queensland

High Return, Low Stress – A Smart Buy in Surfers Paradise

SOLD

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

Marketing Agent

Syd Douglas

0427973....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. Net profit approximately $208,000, delivering a reported return on investment of around 15%.

2. Located in the heart of Surfers Paradise, offering strong tourism demand and year-round appeal.

3. 36-unit complex with 22 units under management, split 13 holiday let and 9 permanent, enabling immediate revenue with room to scale.

4. Consistently great occupancy and a high 9.0 guest satisfaction rating on Booking.com, indicating strong guest experience and repeat bookings.

5. Clear upside by expanding the letting pool, either by converting units from outside agents or shifting permanent rentals into holiday letting.

6. Caretaking agreement under the accommodation module with 21 years remaining, providing long-term operational security.

7. Simple, flexible operating model with no set office hours and contactable-only requirements, suitable for a solo operator or couple.

8. On-title manager’s residence, ground-floor two-bedroom apartment with separate laundry and dedicated office, reducing living costs and improving responsiveness.

9. Resort amenities include a swimming pool, BBQ area, and tropical gardens, enhancing guest appeal and occupancy potential.

10. Opportunity for additional income through extra maintenance or body corporate services outside the caretaking agreement, suitable for a hands-on buyer seeking revenue growth.