Surfers Paradise, Queensland
Stunning Managers Unit + Work Life Balance
Under Contract / Offer
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, 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: Under Contract / Offer
Net Profit: $125,174 Remuneration / Body Corp Salary: $84,057
Managers Unit
Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: Exclusive UseComplex Information
Complex Type: PermanentTotal Units in Complex: 45Total Units in Letting Pool: 19Owner Occupy Units: 9Outside Agent Units: 15
Key Investment Insights
1. Tightly held management rights offered for sale for the first time in 13 years, indicating rarity and low market turnover.
2. Prime Surfers Paradise location, moments from the beach, major attractions and diverse dining options, supporting strong occupancy demand.
3. Boutique three-star complex of 45 units, offering manageable scale for owner-operators and scope for personalised service.
4. Current management covers 19 units, with approximately five to six units in the holiday letting pool and the remainder as permanent rentals, providing a stable income base with clear upside to grow holiday lettings.
5. Proven net profit of $125,174, demonstrating established profitability.
6. Body Corporate remuneration described as a reliable $74,000 plus CPI increases, snapshot data lists remuneration as $84,057, providing predictable baseline income and CPI-linked growth.
7. Supportive, fully topped up Body Corporate and secure agreements, reducing operational risk and easing transition for incoming managers.
8. Onsite renovated managers residence, two bedrooms and two bathrooms, secure parking and two car spaces, delivering strong live-in amenity and work life balance.
9. Exclusive use office onsite, facilitating efficient onsite management and guest servicing.
10. Tenant composition includes nine owner-occupied units and 15 units managed by outside agents, indicating opportunities to convert additional units into the letting pool.
11. Suits both first-time operators, due to supportive committee and manageable scale, and experienced operators, due to prime location and measurable growth potential.
