Surfers Paradise, Queensland

Surfers Paradise Management Rights Holiday & Permanent

$1.01M MR + $850K Unit = Total $1.860M

Business Description

Right in the heart of Surfers Paradise, just 100 metres from the beach, this is a well-established management rights opportunity in one of the Gold Coast's most sought-after locations and one of the few complexes in the precinct offering three-bedroom apartments, giving it a market edge that most competitors simply can't match.
Positioned on the fringes of central Surfers Paradise, the property enjoys immediate access to patrolled beach, with Cavill Avenue five minutes on foot and tram and bus connections to Broadbeach right at the door. It's the sweet spot, close enough to everything, without the late-night noise of the strip.

For an incoming manager, the lifestyle credentials are hard to beat. The manager's residence is a fully renovated two-bedroom, two-bathroom apartment with direct internal access to a professional reception office, one of the better manager setups you'll encounter anywhere on the Gold Coast. Six storage spaces and a car park are included.
Facilities are exceptional, an outdoor pool, heated spa, gym, male and female saunas, tennis court, games room and a large covered BBQ area, all well maintained and presenting well above the building's age.

The body corporate salary is reviewed annually to CPI on a long-term Standard Module agreement, with a further five-year option available.
With strong lock-up and resident owner numbers throughout the building, there is genuine scope for an active manager to grow the business from day one.

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

Business Summary

Business Snapshot

Price: $1.01M MR + $850K Unit = Total $1.860M Net Profit: $241,243 Remuneration / Body Corp Salary: $108,117

Managers Unit

Value of Managers Apartment: $850,000Bedrooms: 2Bathrooms: 2Car Spaces: 2

Complex Information

Complex Type: PermanentTotal Units in Complex: 51Total Units in Letting Pool: 13Owner Occupy Units: 20Outside Agent Units: 9Lockup Units: 9Agreement Term: 10 yearsAgreement Term Remaining: 10 years

Marketing Agent

Paul Mueller

0439 25....

Ras360

Key Investment Insights

1. Prime position 100 metres from the beach, five minutes’ walk to Cavill Avenue, with tram and bus connections at the door, offering strong tourist and resident catchment.
2. Rare market edge, one of the few complexes in the precinct offering three-bedroom apartments, enhancing appeal and rental demand.
3. Manager’s residence is a fully renovated two‑bedroom, two‑bathroom apartment with direct internal access to a professional reception office, improving operational efficiency.
4. Manager’s unit valued at $850,000 and includes two car spaces, plus six storage spaces and additional car park access for managers.
5. Total transaction pricing is $1.01M for the management rights plus $850K for the unit, total $1.86M, aligned with disclosed financial metrics.
6. Strong reported net profit of $241,243, with total remuneration/body corporate salary of $108,117, indicating solid cashflow for an incoming manager.
7. Long-term Standard Module agreement in place, body corporate salary reviewed annually to CPI, with a further five-year option, providing income stability and predictable escalation.
8. Agreement term shown as 10 years with 10 years remaining, giving long runway for operations and business planning.
9. Well-maintained, above-age facilities including outdoor pool, heated spa, gym, male and female saunas, tennis court, games room and large covered BBQ area, supporting guest satisfaction and ancillary income.
10. Complex composition supports growth potential, 51 total units with 13 in the letting pool, 20 owner-occupied, 9 outside agent managed and 9 lock-up units, and strong lock-up/resident owner numbers offering scope to grow letting revenue.

Management Rights Multiplier: 4.19
ROI Estimate: 12.97%