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-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 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.

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

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

1. 17 percent ROI advertised, indicating high return relative to investment.
2. Total asking price $1.2 million, comprising $410,000 for management rights and $790,000 for the manager’s unit.
3. Net profit reported at $204,652, demonstrating strong current cashflow.
4. Body Corporate salary around $82,000 to $82,841, paid plus GST and indexed annually to CPI, providing reliable recurring remuneration.
5. Long-term security from fully topped up agreements with approximately 22 years remaining.
6. Clear growth opportunity to increase income by converting outside-agent units into the onsite letting pool; 12 units currently in the onsite pool.
7. Complex scale is 39 units, enabling operational efficiencies for a motivated operator.
8. Manager’s unit is unique within the complex, being the only two-bedroom, two-bath apartment, valued at $790,000, with two car spaces, private backyard and attached office.
9. Pet-friendly onsite residence enhances lifestyle appeal for an onsite manager.
10. Prime central Surfers Paradise location, in a peaceful pocket yet close to beaches, Star Casino, Pacific Fair, Cavill Avenue and the Gold Coast Convention Centre via the nearby G-link, supporting consistent holiday demand.
11. Appealing buyer profiles include first-time entrants seeking security, operators wanting portfolio expansion, and lifestyle buyers seeking flexibility plus growth potential.

Management Rights Multiplier: 2.79
ROI Estimate: 15.05%