Surfers Paradise, Queensland

Rare Surfers Paradise Gem with Stunning Managers Unit

$390K MR & $910K Unit = Total $1.3M

Business Description

For the first time in 13 years, the tightly held Copacabana management rights are being offered to the market. Positioned in the vibrant heart of Surfers Paradise, this boutique three-star complex combines lifestyle and profitability in one of the Gold Coast’s most iconic locations.

Just moments from the beach, attractions and an array of dining options, Copacabana consistently enjoys strong occupancy and long-term demand. The residence itself is a beautifully renovated two-bedroom, two-bathroom apartment with secure parking, providing an exceptional onsite living environment.

The supportive Body Corporate ensures smooth day-to-day operations, with agreements fully topped up to 10 years, giving security and peace of mind to the incoming manager. The complex features 45 units in total, with 19 currently under management. Approximately 5–6 units are in the holiday letting pool, with the remainder held as permanent rentals. This balance delivers stability alongside clear upside to grow the holiday letting pool further.

Financially, the business is underpinned by a reliable Body Corporate salary of $74K plus CPI increases, and a proven net profit of $125K.

This opportunity will suit a range of buyers. First-time operators will appreciate the supportive committee, manageable scale and secure agreements, while experienced operators will value the growth potential and prime location. With its excellent returns, lifestyle benefits and rarity of availability, Copacabana represents an outstanding entry-level management rights business in the heart of the Gold Coast.

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

Business Summary

Business Snapshot

Price: $390K MR & $910K Unit = Total $1.3M Net Profit: $125,174 Remuneration / Body Corp Salary: $84,057

Managers Unit

Value of Managers Apartment: $910,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 45Total Units in Letting Pool: 19Owner Occupy Units: 9Outside Agent Units: 15Agreement Term: 10 yearsAgreement Term Remaining: 9 years

Marketing Agent

Greg Litzner

0499 00....

Ras360

Key Investment Insights

1. Rare, tightly held management rights offered for first time in 13 years, signalling limited market supply and scarcity value.
2. Prime Surfers Paradise location, moments from the beach, attractions and dining, supporting strong occupancy and long‑term demand.
3. Boutique three‑star complex of 45 units, manageable scale for owner operators and small teams.
4. Managers apartment included and separately valued at $910,000, two bedrooms, two bathrooms and two secure car spaces, providing high‑quality onsite living.
5. Proven financial performance, net profit reported at $125,174, demonstrating established profitability.
6. Reliable Body Corporate remuneration reported at $84,057, with CPI increases and agreements fully topped up to 10 years, offering income security.
7. Agreement term remaining approximately nine years, providing medium‑term operational stability for an incoming manager.
8. Only 19 units currently under management, with approximately 5–6 units in the holiday letting pool and the remainder as permanent rentals, offering stability plus clear upside to expand holiday lettings.
9. Owner occupy presence of nine units and 15 outside agent units, indicating a diversified tenancy mix and potential for conversion to the letting pool.
10. Attractive to a wide buyer pool; supportive Body Corporate and manageable scale suit first‑time operators, while prime location and growth potential appeal to experienced operators.

Management Rights Multiplier: 3.12
ROI Estimate: 32.10%