Surfers Paradise, Queensland

Surfers Paradise Mixed Letting – Profitable Investment Opportunity - ID 8299

$1,425,000

Business Description

Management Rights For Sale
Mixed Letting Opportunity

- 188 unit high rise complex

- 19 units in the letting pool (6 holiday & 13 permanent)

- 10 year Standard Module

- Current remuneration $242,288 + GST as of 1/3/26

- Growth potential by converting permanent lettings to short term

- No residence to purchase

- No requirement to live onsite

- Great location: easy access to beach, light rail, restaurants and shops

- Reception, office & storage on title

Iconic building in the heart of Surfers Paradise. Current manager's have committments elsewhere and have decided to sell. This business would suit either a first time or experienced operator.

Net Profit: $305,875
Asking Price: $1,425,000

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Brokers
Phil Trimble & Gerard Dixon

Property Code: 1071

Business Summary

Business Snapshot

Price: $1,425,000 Net Profit: $305,875 Remuneration / Body Corp Salary: $242,288Business Value: $1,130,000

Managers Unit

Value of Managers Apartment: $295,000Office: On Title

No residence to purchase - office, reception & storage all on title (priced at $295,000)

Complex Information

Complex Type: MixedTotal Units in Complex: 188Total Units in Letting Pool: 19Owner Occupy Units: 54Outside Agent Units: 57Lockup Units: 58Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesTennis Court: YesBBQ Area: Yes

Marketing Agent

Phil Trimble

Gerard Dixon

MR Sales

Key Investment Insights

AI generated. Confirm details with the seller.

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%