Surfers Paradise, Queensland
Business Only Management Rights Opportunity in Surfers Paradise - No Real Estate to Purchase
$648,000
Business Description
We are pleased to present this absolute beachfront, business only management rights opportunity in Surfers Paradise.
With no requirement to purchase real estate or reside onsite and no set office hours, this flexible management rights business allows you to maintain your current residence. Perfect as an add on to an existing management rights portfolio or ideal for someone looking for a part-time business.
With a healthy 20 years remaining on this accommodation module this business opportunity presents an appealing investment prospect showing an 18% ROI.
Caretaking duties are straightforward and include pool maintenance, Light gardening and lawn care, cleaning and general presentation and upkeep of the complex.
The role is supported by a strong Body Corporate salary of $81,501 + GST, providing a reliable income stream with a further increase scheduled for July.
With 12 permanent rentals in the letting pool and 10 external agents, the complex also presents future growth potential through the expansion of the letting pool.
Key Features
* No real estate purchase required and No requirement to reside onsite
* Flexible business model with no set office hours
* Attractive return on investment of approximately 18%
* Healthy 20 years remaining on the agreement providing security and longevity
* Simple, low-maintenance caretaking duties
* Opportunity to grow the letting pool
* Ideal as an add-on acquisition or lifestyle business
This is a streamlined, low maintenance management rights business offering strong returns, long-term security, and exceptional flexibility. Contact Craig today to obtain further information or arrange a confidential discussion.
Net Profit: $120,000 *Approx
Property Code: 123
Business Summary
Business Snapshot
Price: $648,000
Business Value: $648,000
Complex Information
Complex Type: n/aTotal Units in Complex: 35Total Units in Letting Pool: 12Owner Occupy Units: 9Outside Agent Units: 10Lockup Units: 4Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 yearsPool: YesSpa: YesTennis Court: YesBBQ Area: Yes
Key Investment Insights
1. Absolute beachfront Surfers Paradise location, high appeal for holiday accommodation and tenant demand.
2. Business-only sale, no real estate purchase required, lower capital outlay compared with combined sales.
3. No requirement to reside onsite, enabling owner to maintain current residence or manage remotely.
4. Flexible business model with no set office hours, suitable for part-time operation or portfolio add-on.
5. Attractive approximate return on investment of 18%, clear financial upside.
6. Net profit circa $120,000 per annum, providing a solid earnings base against the $648,000 asking price.
7. Long-term security with a 25-year agreement originally and around 20 years remaining on the accommodation module.
8. Guaranteed Body Corporate salary of $81,501 plus GST, providing a reliable income stream with a scheduled increase forthcoming.
9. Simple, low-maintenance caretaking duties including pool maintenance, light gardening, cleaning and general upkeep, reducing operational complexity.
10. Current letting pool of 12 of 35 units with 10 external agents, indicating immediate income plus clear growth potential by expanding the letting pool.
11. Onsite amenities including pool, spa, tennis court and BBQ area, plus four lockup units and nine owner-occupy units, enhancing guest appeal and ancillary income opportunities.
