Surfers Paradise, Queensland
Beachside Rewards: 1.53 Multiplier Opportunity in Surfers Paradise - ID 7985
$980,000
Business Description
Mixed Letting Management Rights For Sale
Huge Income Upside Potential
- Net Profit: $100,987.
- Simple caretaking duties with minimal workload.
- Mixed apartments with a letting pool of 6 (4 permanent, 2 holiday).
- Significant potential for future income growth.
- 25 year long term agreement with 17 years remaining.
- Stable Body Corporate salary of $61,870 plus GST, with annual CPI increases.
- Located in one of Surfers Paradise’s most sought-after holiday destinations, delivering strong year-round occupancy.
- Extremely low multiplier of only 1.53.
- Quality manager’s residence featuring 2 bedrooms, 2 bathrooms, 1 secure car space, and air-conditioning.
- Exclusive-use professional reception area.
- Peaceful and highly convenient location—just a one-minute walk to the iconic Surfers Paradise beach and close to all amenities.
Enjoy the lifestyle of coastal living while earning a strong, reliable income.
Net Profit: $100,987
Asking Price: $980,000
(Inclusive of Manager's Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:
Management Rights Broker
Bill He
Property Code: 1057
Business Summary
Key Investment Insights
1. Net profit of $100,987, providing a clear current earnings baseline.
2. Asking price $980,000, sale inclusive of manager’s real estate.
3. Extremely low advertised multiplier of 1.53, presented as a value metric for the opportunity.
4. Significant stated upside for future income growth, indicating potential to increase returns.
5. 25-year long-term agreement with 17 years remaining, offering long-term operational security.
6. Stable Body Corporate salary of $61,870 plus GST, with annual CPI indexation, delivering predictable recurring income.
7. Mixed letting pool of six apartments, comprised of four permanent and two holiday units, allowing diversified revenue streams.
8. Simple caretaking duties with minimal workload, suggesting low operational complexity for the manager.
9. Quality manager’s residence, two bedrooms, two bathrooms, one secure car space, and air conditioning, supporting on-site management comfort.
10. Exclusive-use professional reception area, enabling dedicated front-of-house presence and guest service.
11. Prime location one-minute walk to Surfers Paradise beach, in a highly sought-after holiday precinct, supporting strong year-round occupancy.
12. Peaceful and highly convenient setting close to all amenities, enhancing resident and guest appeal.
