Surfers Paradise, Queensland
HIGH QUALITY, BUSINESS ONLY, PERMANENT MLR WITH NOP OVER $300K | Resort Brokers ID : MRB009224
$1,850,000+
Business Description
ResortBrokers is delighted to offer to the market a premium business-only management and letting rights in the heart of the Gold Coast nestled between Broadbeach and Surfers Paradise. The near-new high rise has over 80 apartments and boasts 24 years on the agreements and a BC salary close to $200,000 p.a.
A freehold office lot provide additional security, along with operational flexibility as there are no set office hours and no requirement to live on-site.
Be quick to enquire about this high calibre building that has so much potential for hands-on managers to grow and make their own.
- Net profit over $300,000 andBody Corporate salary c. $200,000 p.a. with annual CPI increase
- Stunning high rise building with views of theSurfers skyline
- Fully established permanentmanagement rights with no set office hours
- Ideal for add-on no requirement to live onsite and no apartment to purchase
- 24 years remaining on Caretaking and Letting agreements
- Freehold office on title 17sqm giving you voting rights on the committee
- Superb resort-style facilities including gym, pool, sauna, loungearea andlow-care gardens
- Rooftop amenities include lounges, board room, private dining and outdoor seating
- All inspections by appointmentonly
Date updated: 29 Jun 2026 23:00:02
Business Summary
Business Snapshot
Price: $1,850,000+
Net Profit: $313,010 Remuneration / Body Corp Salary: $199,114
Managers Unit
Value of Managers Apartment: $105,000Office: On TitleComplex Information
Complex Type: PermanentTotal Units in Complex: 82Total Units in Letting Pool: 25Owner Occupy Units: 48Outside Agent Units: 9Agreement Term Remaining: 25 years