Surfers Paradise, Queensland
UNRIVALLED OFF-THE-PLAN CARETAKING OPPORTUNITY FOR LARGE-SCALE HIGH-RISE | Resort Brokers ID : OTP008855
$2,227,441
Business Description
Of an unprecedented calibre, Royale Gold Coast is an ultra-luxe beachfront resort that has attracted some of Australia’s most discerning owner-occupiers. Now well-progressed under construction, the caretaking and concierge rights to Royale will have strong appeal to experienced operators looking to boost their portfolio with an exceptional development delivered by DD Living.
Boasting 104 apartments, penthouses and beach homes Royale offers world-class facilities that have been meticulously designed to appeal to premium owner-occupied residents seeking to utilise the pay-per-use services on offer to streamline their busy lifestyles. Royale’s caretaking and concierge rights are a trophy asset like no other. There is no doubt the successful operator will be managing one of the most elite communities in the country.
- Construction well-progressed with delivery due in in Q2 2026
- 104 stunning apartments with a rangeof 2-, 3- and 4-bedroom residences
- Brand new 10 year Caretakingagreement on Standard Module
- Independent Time and Motion Studyunderway.
- Body corporate salary circa. $360K+ and conciergesalary circa. $150K+ totalling - $521,467
- Option to buy 17sqm freehold title 'cafe' lot to underpin the security of the agreements - $119K
- Club Royale is a private lounge &dining space for residents with accessto wine and whiskey cellars and anexclusive kitchen.
- State-of-the-art wellness centre offeringsauna, steam, spa, gym and yoga areas
- On-site retail space for cafe / baristastation offers additional income potential
- Additional income streams withpay-per -use services on offer toguests and residents
- All inspections by appointment only
Date updated: 24 Sep 2025 23:00:02
Business Summary
Business Snapshot
Price: $2,227,441
Net Profit: $521,467 Remuneration / Body Corp Salary: $521,467
Managers Unit
Value of Managers Apartment: $119,000Complex Information
Complex Type: Off The PlanTotal Units in Complex: 104Agreement Term Remaining: 10 years