Surfers Paradise, Queensland

High Performing MR with High ROI and Lifestyle Appeal

$610K MR & $750K UNIT = Total $1.360M

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-storey 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 13 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 $78,746 + GST, increasing annually with CPI. Agreements have been fully topped up, with 23 years remaining, giving long-term security. Net profit is currently over $227,000, 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.

**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Business Summary

Business Snapshot

Price: $610K MR & $750K UNIT = Total $1.360M Net Profit: $227,866 Remuneration / Body Corp Salary: $78,746

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 39Total Units in Letting Pool: 12Outside Agent Units: 27Agreement Term: 25 yearsAgreement Term Remaining: 23 years

Marketing Agent

Greg Litzner

0499 00....

Ras360

Key Investment Insights

1. 17% reported ROI, indicating high income relative to capital input.
2. Total asking price $1.36M, comprising $610K for the management rights and $750K for the manager’s apartment.
3. Net profit reported at $227,866, providing strong current cashflow.
4. Body Corporate salary $78,746 plus GST, indexed annually to CPI, delivering stable guaranteed remuneration.
5. Agreements fully topped up, 25-year term with 23 years remaining, providing long-term contractual security.
6. Under-utilised letting pool, 12 of 39 units currently managed onsite with 27 units under outside agents, presenting clear conversion and revenue growth opportunity.
7. Manager’s unit is unique in the complex, the only two-bedroom two-bathroom apartment, valued at $750K, with two car spaces, private backyard and attached office, supporting comfortable onsite living and operations.
8. Pet-friendly complex and three-storey walk-up building in a quiet pocket of central Surfers Paradise, appealing for lifestyle buyers.
9. Prime location with consistent holiday demand, close to beaches, Star Casino, Pacific Fair, Cavill Avenue, and Gold Coast Convention Centre accessible via the nearby G-link.
10. Business targets multiple buyer types, including first-time entrants seeking security, experienced operators aiming to expand, and lifestyle purchasers seeking flexibility and growth potential.

Management Rights Multiplier: 2.68
ROI Estimate: 37.36%