Surfers Paradise, Queensland

Absolute Beachfront Management Rights - $410k Net Profit, Ocean View Residence | Resort Brokers ID : MR009228

$3,500,000

Business Description

The Penthouses delivers absolute beachfront management rights in Surfers Paradise with direct sand and ocean access.

This 54-lot iconic high-rise generates $410,000 net profit from 18 holiday units, supported by $95,456 body corporate salary and 8.5 years remaining on standard module agreements.

The operation runs Monday to Friday 8am-5pm and weekends 8am-12pm, with minimal caretaking across compact gardens and lobby areas.

Your three-bedroom manager's residence captures sweeping ocean views from the beachfront position between Broadbeach and Cavill Avenue.

The complex features heated pool, tennis court and games room, maintained through proactive body corporate relationships.

With 32 resident owners providing stability and consistent OTA ratings driving year-round bookings, this manageable coastal business suits operators seeking substantial returns without excessive workload.

The letting pool represents strong foundation income with scope to recapture external appointments over time.

- Absolute beachfront position with direct sand and ocean access in Surfers Paradise
- Net operating profit exceeding $400,000 with 12% return on investment
- Spacious three-bedroom manager's residence with beachfront ocean views
- 18 holiday units generating consistent short-stay income
- Prime location between Broadbeach and Cavill Avenue with exceptional walkability
- Iconic high-rise complex with heated pool, tennis court and games room
- Proactive body corporate committee fostering strong working relationships
- Minimal caretaking duties with small gardens and compact lobby area
- Inspection by appointment only
Date updated: 07 Jun 2026 23:00:08

Business Summary