Surfers Paradise, Queensland
Absolute Beachfront Surfers Paradise $410k Net Profit - ID 9239
$3,300,000
Business Description
Holiday Management Rights for Sale
Secure Agreements with a Highly Competitive Multiplier
- Financial Performance: Generates a robust net profit of $410,024 with a competitive 4.1 business multiplier
- Total Asking Price: $3,300,000, which comprises the business component at $1,700,000 and the manager's real estate at $1,600,000.
- Dependable Income: Anchored by a substantial Body Corporate salary of $99,425 plus GST.
- Manageable Workload: Oversees an optimised holiday letting pool of 16 units within a 54-lot high-rise building.
- Manager's Residence: Includes an expansive 131m² apartment featuring three bedrooms, two bathrooms, air-conditioning, ceiling fans, and one dedicated car space.
- Operational Ease: Operates from an attached, on-title office with highly reasonable hours.
- Attractive Guest Amenities: The pet-friendly complex boasts direct beach access, a heated pool, a tennis court, secure parking, and free Wi-Fi to drive consistent bookings.
Offering a rare combination of substantial beachfront income and relaxed coastal living, this easily managed enterprise requires minimal operational hours. Supported by solid agreements and a spacious three-bedroom, pet-friendly residence, this business delivers an exceptional work-life balance. Contact our brokers today for a confidential discussion before this high-yield asset is secured.
Net Profit: $410,024
Asking Price: $3,300,000
(Inclusive of Managers Real Estate)
For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:
Management Rights Brokers
Ali Nasir & Gerard Dixon
Property Code: 1196
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Absolute beachfront Surfers Paradise location with direct beach access and attractive coastal lifestyle appeal.
2. Net profit of $410,024 supported by a $99,425 plus GST Body Corporate salary.
3. Competitive 4.1 business multiplier, with the total $3.3 million price including managers’ real estate.
4. Holiday letting pool comprises 16 units within a 54 lot high rise building.
5. Attached on title office and highly reasonable operating hours support manageable day to day operations.
6. Managers’ residence is a spacious 131 square metre, three bedroom, two bathroom apartment.
7. Residence includes air conditioning, ceiling fans and one dedicated car space.
8. Pet friendly complex offers a heated pool, tennis court, secure parking and free Wi Fi.
9. Solid agreements and an established holiday letting operation provide dependable income support.
