Surfers Paradise, Queensland
Absolute Beachfront Management Rights - Surfers Paradise Icon | Resort Brokers ID : MR009253
$4,200,000
Business Description
This absolute beachfront management rights business in the heart of Surfers Paradise delivers exceptional returns with a proven operational structure. The 33-unit high-rise complex generates $470,000 net profit with 18 units in a strong letting pool, complemented by a substantial body corporate salary exceeding $120,000 annually. Twenty years remain on both caretaking and letting agreements, providing long-term security and stability for the incoming operator.
The business operates as a manageable mum-and-dad enterprise with defined office hours Monday to Friday 9am to 5pm and Saturday mornings 9am-12pm. Eleven lock-up units provide consistent foundation income, while high return guest numbers demonstrate sustained market demand. The spacious three-bedroom manager's residence features 150 square metres of open-plan living with uninterrupted ocean views, offering genuine beachfront lifestyle appeal. Modern property management systems streamline daily operations, and the existing operator enjoys excellent body corporate relations. Priced at $4,200,000 including the residence valued at $2,100,000, this opportunity combines strong recurring income, premium location and hands-on operational control in one of Australia's premier holiday destinations.
- Absolute beachfront positioning in the heart of Surfers Paradise with uninterrupted ocean views.
- Long-term security with 20 years remaining on both caretaking and letting agreements.
- Substantial body corporate salary exceeding $120,000 annually.
- Spacious three-bedroom manager’s residence with ocean views and 150 sqm of open-plan living.
- Strong net profit of $470,000 representing a 11% return on investment.
- Iconic high-rise complex with 33 units and established market presence.
- Proven demand with high number of return guests demonstrating business quality.
- Stable letting pool of 18 units with 11 lock-ups providing consistent foundation income.
- Inspections by appointment only.
Date updated: 18 Jun 2026 23:00:02
Business Summary
Business Snapshot
Price: $4,200,000
Net Profit: $470,000 Remuneration / Body Corp Salary: $93,392
Managers Unit
Value of Managers Apartment: $1,200,000Complex Information
Complex Type: PermanentAgreement Term Remaining: 10 years