Surfers Paradise, Queensland
23.8% Return for Business in Surfers Paradise - ID 9228
$1,860,000
Business Description
Mixed Management Rights for Sale
Strong Year-Round Bookings with Stable Income
- 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.
- Total selling price is only $1,860,000, 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: $1,860,000
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
Key Investment Insights
1. Listed as delivering a 23.8% return, signalling strong investment yield relative to asking price.
2. Net profit of $241,243, providing clear current cashflow metrics for valuation.
3. Asking price $1,860,000, price includes the spacious 2‑bedroom manager’s apartment.
4. High Body Corporate salary of $108,117 plus GST, with annual CPI increases, offering stable contracted income.
5. Secure 10‑year management agreement with the full 10 terms remaining, ensuring long‑term revenue security.
6. Diverse letting portfolio of 11 units, split 7 holiday and 4 permanent, supporting mixed income streams.
7. Additional revenue channels via 9 outside agents and 9 lock‑up units, indicating tangible upside potential.
8. Exceptionally strong holiday bookings driving net profit, with consistent year‑round occupancy providing stable income.
9. Simple operation and highly manageable workload, reducing operational complexity and staffing risk.
10. Prime Surfers Paradise location, walking distance to the beach, shops, restaurants, medical centre, pharmacy, bars and public transport, enhancing letting appeal and resale prospects.
