Surfers Paradise, Queensland

Enjoy the Rewards shown as 20% ROI on Purchase Price and 54% ROI on the Business!!

$1,499,000

Business Description

Enjoy the Rewards shown as 20% ROI on Purchase Price and 54% ROI on the Business!!

This complex offers modern and fully self-contained 3-bedroom apartments that are perfect for families and groups. Because these are 3-bedroom apartments they offer the accommodation space and facilities that few other complexes can offer. These family friendly apartments are suitable for up to 8 people and are tastefully furnished, including all conveniences one will need to make their stay relaxed, comfortable and enjoyable. Unlimited WIFI included.

This complex is located only meters from the golden beaches of Surfers Paradise and is in a tropical garden setting. The complex facilities mean one can enjoy the best the Gold Coast has to offer all year round.

NO SET HOURS!! NO NEED TO LIVE ONSITE!! LONG TERM AGREEMENTS!! LOW MULTIPLIER!!, EXCELLENT SYSTEMS IN PLACE!! FURTHER DETAILS WILL BE RELEASED TO QUALIFIED BUYERS WHO ARE WILLING TO PROVIDE EVIDENCE OF SUFFICIENT FUNDS TO COMPLETE THIS TRANSACTION AND ARE FULLY LICENCED!!

Spacious and Comfortable 3-bedroom, 2-bathroom manager’s apartment with one bedroom being used as the office with a separate entrance, laundry, spacious kitchen, huge lounge area leading out to a private patio and overlooking the pool area. One secure undercover parking bay. Images depict venues within close proximity to this complex.

To arrange an inspection please call: Gavin

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Business Summary

Business Snapshot

Price: $1,499,000 Net Profit: $300,000 Remuneration / Body Corp Salary: $67,600

Managers Unit

Value of Managers Apartment: $950,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: HolidayTotal Units in Complex: 18Total Units in Letting Pool: 8Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 25 yearsPool: YesSpa: YesBBQ Area: Yes

Marketing Agent

Gavin Mattig

0409 60....

Gavern Property - Management Rights

Key Investment Insights

1. Advertised investment returns of 20% ROI on purchase price and 54% ROI on the business, indicating strong reported profitability.
2. Modern, fully self-contained 3-bedroom apartments, offering accommodation capacity and facilities that few competitors provide.
3. Apartments suitable for up to eight guests, targeting families and groups for higher per-unit occupancy and revenue potential.
4. Unlimited WiFi included, adding guest value and meeting expectations for holiday accommodation.
5. Property located only metres from the golden beaches of Surfers Paradise, delivering prime beachfront access and tourist appeal.
6. Tropical garden setting and on-site facilities, supporting year-round holiday demand on the Gold Coast.
7. No set operating hours and no requirement to live onsite, enabling flexible owner involvement or absentee ownership.
8. Long-term agreements and excellent systems in place, suggesting operational stability and streamlined management.
9. Manager’s apartment is spacious with three bedrooms and two bathrooms, includes a dedicated office with a separate entrance, private patio overlooking the pool, laundry and large kitchen, supporting onsite management needs.
10. One secure undercover parking bay provided with the manager’s apartment, adding convenience and asset security.
11. Sale process restricts further details to qualified buyers who can provide evidence of sufficient funds and are fully licenced, indicating a controlled buyer qualification process.
12. Low multiplier mentioned, implying a potentially favourable valuation multiple for investors.

Management Rights Multiplier: 1.83
ROI Estimate: 54.64%