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.

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 location 100 metres from the beach, five minutes’ walk to Cavill Avenue, with tram and bus connections to Broadbeach at the door.
2. Positioned on the fringe of central Surfers Paradise, offering proximity to amenities without the late-night strip noise.
3. Rare product mix in the precinct, one of the few complexes offering three‑bedroom apartments, providing a clear market edge.
4. Dual holiday and permanent management rights structure, increasing revenue diversification potential.
5. Strong financials listed, total price $1.860M comprising $1.01M management rights and $850K managers’ unit, net profit $241,243.
6. Remuneration structure includes a body corporate salary of $108,117, reviewed annually to CPI under a long-term Standard Module agreement.
7. Secure agreement position, 10‑year term with 10 years remaining and a further five‑year option available.
8. Manager’s residence is a fully renovated two‑bedroom, two‑bathroom apartment with direct internal access to a professional reception office, enhancing operational efficiency.
9. Manager’s unit includes two car spaces and six storage spaces, supporting lifestyle and operational needs.
10. Exceptional facilities including outdoor pool, heated spa, gym, male and female saunas, tennis court, games room and large covered BBQ area, well maintained above the building’s age.
11. Complex profile of 51 units with only 13 in the letting pool, 20 owner‑occupied, nine outside agent units and nine lockup units, indicating immediate scope to grow letting income.

Management Rights Multiplier: 4.19
ROI Estimate: 12.97%