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
Bedrooms: 2Bathrooms: 2Car Spaces: 2Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 45Total Units in Letting Pool: 19Owner Occupy Units: 9Outside Agent Units: 15
Key Investment Insights
1. First time offered in 13 years, indicating rarity and limited market supply for this management rights opportunity.
2. Prime Surfers Paradise location, moments from the beach, attractions and dining, supporting strong occupancy and long-term demand.
3. Boutique three-star complex with 45 units, offering a manageable scale for owner operators.
4. Managers residence is a renovated two bedroom, two bathroom apartment with secure parking, two car spaces and office on title, delivering high-quality onsite living.
5. Fully topped up Body Corporate agreements to 10 years, providing contractual security and operational stability.
6. Reliable income base with a Body Corporate salary reported as approximately $74K plus CPI increases, noted in snapshot as $84,057.
7. Proven net profit of $125,174, demonstrating healthy cashflow for the business.
8. Letting mix of 19 units under management, with about 5–6 in the holiday pool and the remainder as permanent rentals, offering stability with clear upside to expand holiday letting.
9. Presence of 9 owner-occupied units and 15 units with outside agents, indicating potential for growth in management penetration.
10. Suits both first-time operators, due to supportive committee and manageable scale, and experienced operators seeking growth potential in a prime coastal market.
11. Total listed price of $1.3M, comprised of $390K management rights and $910K managers unit, enabling clear transaction structure for buyer evaluation.
