Surfers Paradise Mixed Letting – Profitable Investment Opportunity - ID 8299

Key Investment Insights

1. Net profit $305,875 against an asking price of $1,425,000, indicating clear earnings data for valuation.
2. Current remuneration $242,288 plus GST as of 1/3/26, providing predictable operator income.
3. 10 year Standard Module management agreement, nine years remaining, offering long-term contractual security.
4. Letting pool comprises 19 units, with 6 holiday and 13 permanent lets, enabling mixed-income streams.
5. Identified growth opportunity by converting permanent lettings to short term, potential to increase revenue.
6. No residence required to purchase, office, reception and storage are on title and valued at $295,000, reducing capital outlay for a manager’s apartment.
7. No requirement to live onsite, suitable for operators who prefer offsite management.
8. Large complex scale, 188 units total, with 54 owner‑occupy, 57 outside agent and 58 lockup units, indicating diversified ownership and lettings landscape.
9. Prime Surfers Paradise location, easy access to beach, light rail, restaurants and shops, strong tenant and guest appeal.
10. Onsite amenities include pool, spa, tennis court and BBQ area, enhancing asset attractiveness to holiday and permanent tenants.
11. Iconic building in the heart of Surfers Paradise, established market presence and brand recognition.
12. Current managers selling due to other commitments, business presented as turnkey and suitable for first time or experienced operators.

Management Rights Multiplier: 3.69
ROI Estimate: 21.46%