Surfers Paradise, Queensland

High ROI and Lifestyle Appeal

$410K MR & $790K UNIT = Total $1.2M

Business Description

An outstanding opportunity to step into the Gold Coast Management Rights market with a business that delivers exceptional income relative to input and a remarkable 17% ROI. This offering combines strong financial performance, secure agreements, and lifestyle appeal in one of Australia’s most iconic coastal destinations.

The complex is a charming three-story walk-up in central Surfers Paradise, set in a peaceful pocket yet moments from the action. Out of 39 units, 12 are in the current letting pool, with another 12 under outside agents. For a motivated operator, the ability to transition these into the onsite pool provides a clear and immediate growth strategy.

The business is underpinned by a Body Corporate salary of $82,000 + GST, increasing annually with CPI. Agreements have been fully topped up, with 23 years remaining, giving long-term security. Net profit is currently over $204,000, and with growth opportunities, this figure could expand further.

The manager’s unit is a unique advantage, being the only two-bedroom, two-bathroom residence in the complex. With two car spaces, a private backyard, and an attached office, it offers a comfortable and practical onsite lifestyle in a pet-friendly setting.

This opportunity will appeal strongly to first-time entrants seeking a secure, profitable start, experienced operators looking to expand their portfolio, and lifestyle buyers wanting strong returns alongside flexibility and growth potential. Its prime location ensures consistent holiday demand, supported by proximity to beaches, Star Casino, Pacific Fair, Cavill Avenue, and the Gold Coast Convention Centre via the nearby G-link.

Business Summary

Business Snapshot

Price: $410K MR & $790K UNIT = Total $1.2M Net Profit: $204,652 Remuneration / Body Corp Salary: $82,841

Managers Unit

Value of Managers Apartment: $790,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 39Total Units in Letting Pool: 12Owner Occupy Units: 15Outside Agent Units: 27Agreement Term: 25 yearsAgreement Term Remaining: 22 years

Marketing Agent

Paul Mueller

0439 25....

Greg Litzner

0499 00....

Ras360

Key Investment Insights

AI generated. Confirm details with the seller.

1. 17% ROI advertised, positioned as high return relative to input.
2. Asking price $1.2M, comprising $410K management rights and $790K manager’s unit.
3. Net profit reported at $204,652, with clear upside from operational growth.
4. Body Corporate remuneration $82,000 plus GST, indexed annually to CPI, providing secure recurring income.
5. Long-term agreements in place, initial term 25 years with approximately 22 years remaining, agreements fully topped up.
6. Complex is a three-storey walk-up in central Surfers Paradise, offering strong holiday demand and lifestyle appeal.
7. Manager’s unit is unique as the only two-bedroom, two-bathroom apartment in the complex, valued at $790,000, includes two car spaces, private backyard and an attached office.
8. Pet-friendly onsite accommodation enhances marketability to holiday and longer-stay guests.
9. Current letting pool comprises 12 of 39 units, with another 12 identified under outside agents, indicating immediate conversion opportunities to grow revenue.
10. Prime proximity to beaches, Star Casino, Pacific Fair, Cavill Avenue, and Gold Coast Convention Centre via the nearby G-link, supporting year-round occupancy.
11. Appeals to first-time entrants, portfolio operators seeking expansion, and lifestyle

Management Rights Multiplier: 2.79
ROI Estimate: 15.05%