Surfers Paradise, Queensland
Vendor Meets the Market!!
SOLD
Business Description
Caretaking and Letting Just Minutes From The Beach!!
This compact complex in Surfers Paradise is situated in the perfect vacation area - just minutes from the beach. The complex features a lovely swimming pool and barbecue perfect for those idle afternoons to be able to sit and chat with friends and family. Images might not depict this complex.
On offer, a long term agreement, no need to reside onsite and no real estate to purchase.
Be quick to stake your claim.
To arrange an inspection please call: Gavin
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Business Summary
Business Snapshot
Price: SOLD
Net Profit: $58,000 Remuneration / Body Corp Salary: $37,000
Complex Information
Complex Type: HolidayTotal Units in Complex: 18Total Units in Letting Pool: 3Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesBBQ Area: Yes
Key Investment Insights
1. Located in Surfers Paradise, minutes from the beach, high vacation area appeal.
2. Business is a caretaking and letting agreement for a holiday complex, not a property sale.
3. Long‑term agreement structure, originally 25 years with 20 years remaining, offering medium‑term contract security.
4. No requirement to reside onsite, enabling absentee management or remote oversight.
5. No real estate to purchase, reducing upfront capital outlay and landlord responsibilities.
6. Compact complex size, 18 total units, indicating a manageable operational scale.
7. Only 3 units in the letting pool, suggesting limited direct letting inventory and potential focus on caretaking services.
8. Onsite amenities include a swimming pool and barbecue area, enhancing guest appeal and supporting holiday market positioning.
9. Reported net profit of $58,000, providing a clear earnings baseline.
10. Reported remuneration/body corporate salary of $37,000, indicating owner/operator compensation structure.
11. Listing notes that images might not depict this complex, signalling a need for prospective buyers to verify visual and condition details.
12. Listing marked as sold, implying recent market interest or completed transaction; confirm current availability before proceeding.
