Surfers Paradise, Queensland

Strong Year Round Bookings in Surfers Paradise - ID 9228

$1,720,000

Business Description

Mixed Management Rights for Sale
Low Multiplier - Only 3.60

- Simple operation with a highly manageable workload.

- High Body Corporate salary of $108,117 plus GST, featuring annual CPI increases.

- Net profit of $241,243, backed by exceptionally strong holiday bookings.

- Secure 10-year agreement with the full 10 terms remaining.

- Diverse letting pool of 11 units (7 holiday and 4 permanent), plus 9 outside agents and 9 lock-up units—offering significant upside income potential.

- Consistent year-round bookings providing stable income in one of the Gold Coast’s premier tourist destinations.

- Spacious manager’s residence featuring 2 bedrooms, 2 bathrooms, 1 secure underground car space, and a beautiful balcony.

- Prime, convenient location in the heart of Surfers Paradise—walking distance to the beach, shops, restaurants, medical center, pharmacy, bars, and public transport, while still maintaining a peaceful environment.

- Low multiplier of 3.60

- Total selling price is only $1,720,000, which includes the spacious 2-bedroom manager's apartment.

This is a rare management rights opportunity you can’t afford to miss!

Net Profit: $241,243
Asking Price: $1,720,000
(Inclusive of Manager's Real Estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:


Management Rights Broker
Bill He

Property Code: 1159

Business Summary

Business Snapshot

Price: $1,720,000 Net Profit: $241,243 Remuneration / Body Corp Salary: $108,117Business Value: $868,000

Managers Unit

Value of Managers Apartment: $852,000Bedrooms: 2Bathrooms: 2Car Spaces: 1
This opportunity includes a spacious manager's residence featuring two bedrooms, two bathrooms, a secure underground car space, and a beautiful balcony perfect for relaxing. The residence is ideally positioned in one of the most convenient locations in the heart of the Gold Coast. It sits within easy walking distance to the beach, shops, restaurants, bars, public transport, and essential medical services including a medical centre and pharmacy. This prime location allows you to enjoy the ultimate coastal lifestyle with almost everything at your doorstep, while still maintaining a peaceful and quiet living environment.

Complex Information

Complex Type: MixedAgreement Module: StandardAgreement Term: 10 yearsAgreement Term Remaining: 10 yearsPool: YesSpa: YesGym: YesTennis Court: Yes

Key Investment Insights

AI generated. Confirm details with the seller.

1. Low multiplier of 3.60, indicating strong price relative to earnings.
2. Net profit $241,243, providing solid cashflow for an owner-operator.
3. Asking price $1,720,000, inclusive of the manager’s real estate.
4. Business value $868,000 and manager’s apartment valued at $852,000, collectively matching the total sale price.
5. High Body Corporate salary $108,117 plus GST, with annual CPI increases, offering stable guaranteed remuneration.
6. Secure 10-year standard agreement with the full 10 years remaining, reducing contract risk.
7. Mixed letting pool of 11 units (7 holiday, 4 permanent), supported by 9 outside agents and 9 lock-up units, providing diverse income streams and upside potential.
8. Consistent year-round holiday bookings in Surfers Paradise, delivering steady demand in a premier Gold Coast tourism market.
9. Simple operation with a highly manageable workload, suitable for an owner-operator or small team.
10. Prime central location within walking distance to beach, shops, restaurants, bars, public transport, medical centre and pharmacy, enhancing occupancy appeal.
11. Spacious manager’s residence, 2 bedrooms, 2 bathrooms, 1 secure underground car space and balcony, included in the sale and attractive as long-term accommodation.
12. Complex amenities include pool, spa, gym and tennis court, increasing guest appeal and competitive positioning.

Management Rights Multiplier: 3.60
ROI Estimate: 14.03%

Listing location
Gallery

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