Surfers Paradise, Queensland

MANAGEMENT RIGHTS FOR SALE SURFERS PARADISE - AWARD WINNING COMPLEX

SOLD

Business Description

Prestigious Management Rights business for sale with dazzling panoramic views over the Pacific Ocean, Nerang River and Gold Coast Hinterland.

The fabulous managers apartment is North facing with a fully renovated open plan kitchen which is adjacent to dining and lounge areas.

The building is ideally located with easy access to the many attractions of both Surfers Paradise and Broadbeach. This fantastic holiday management rights complex is ideal for first time owner operators where you will be inheriting well established processes and operations that make this business a proven success.

- Comfortable two bedroom managers residence.

- Secure underground car parking for 2 vehicles.

- Gym and Sauna

- River Access with private boat launch.

- Supportive and proactive body corporate.

- New light rail on your doorstep

- Generous Body Corporate Salary

- Net Profit - $205,000* Approx

Call now to book an inspection.

Property Code: 372

Business Summary

Business Snapshot

Price: SOLD Net Profit: $205,000 Remuneration / Body Corp Salary: $118,000Business Value: $800,000Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 2Bathrooms: 1Car Spaces: 2Office: Exclusive UsePets OK: Yes

2 Bedroom, 1 Bathroom Ground Floor + 2 Courtyards 2 Car Parks Marina Berth ($25pw)

Complex Information

Complex Type: MixedTotal Units in Complex: 63Total Units in Letting Pool: 13Owner Occupy Units: 48Outside Agent Units: 3Manager Units: 1Agreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 9 yearsPool: YesSpa: YesSauna: YesGym: YesBBQ Area: YesWIFI: YesMarina Berth: Yes

Marketing Agent

Sam Saunders

Premier Business Sales

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prestigious Surfers Paradise location with panoramic Pacific Ocean, Nerang River and Gold Coast Hinterland views, close to attractions in Surfers Paradise and Broadbeach.
2. Managers apartment is north facing, fully renovated open plan kitchen adjacent to dining and lounge areas, two bedrooms and one bathroom.
3. Managers unit valued at $850,000, ground floor with two courtyards, two car parks and exclusive use office, pets permitted.
4. Business value quoted at $800,000, net profit approximately $205,000 and body corporate salary/remuneration $118,000.
5. Body corporate salary reviewed annually by CPI, providing predictable indexed remuneration.
6. Established ten year management agreement with nine years remaining, offering term stability for incoming operator.
7. Complex of 63 units, mixed use with 13 units in the letting pool and 48 owner‑occupied units, indicating scale and limited current rental stock.
8. Strong on-site amenity mix including pool, spa, sauna, gym, BBQ area, WIFI and marina berth, enhancing holiday appeal.
9. River access with private boat launch and marina berth available, plus marina berth fee noted at $25 per week, attractive for boating clientele.
10. Secure underground parking for two vehicles and proximity to new light rail, improving accessibility for guests and managers.
11. Supportive and proactive body corporate, cited as a strength for operational ease.
12. Positioned as an ideal opportunity for first‑time owner operators, inheriting well established processes and proven operations.

Management Rights Multiplier: 3.90
ROI Estimate: 12.42%