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. Net profit approximately $208,000, indicating strong current cashflow.
2. Return on investment around 15%, signalling attractive financial yield.
3. Prime Surfers Paradise location, central to tourist demand and year-round visitation.
4. 36-unit complex with 22 units currently under management, comprising 13 holiday lets and 9 permanent rentals.
5. Consistently high occupancy and a loyal returning guest base, supporting stable revenue.
6. Booking.com guest satisfaction rating of 9.0, demonstrating strong guest experience and reputation.
7. Clear upside by expanding the letting pool, either by converting units from outside agents or shifting permanent rentals into holiday stock.
8. Simple, flexible operations with no set office hours and contactable-only requirements, suitable for a solo operator or couple.
9. Caretaking agreement under the accommodation module with 21 years remaining, providing long-term tenure security.
10. Included manager’s residence is a ground-floor two-bedroom apartment with separate laundry and on-title office, enhancing convenience and value.
11. On-site amenities including a swimming pool, BBQ area and tropical gardens, which support guest appeal and seasonal occupancy; additional revenue potential exists from extra maintenance or body corporate tasks outside the caretaking agreement.
