Surfers Paradise
$1,860,000
2
2
1
Management Rights
- 51 Total Units
- Resort/Holiday Complex Type
- 13 Letting Pool
- $108,117 Remuneration
- $241,423 Net Profit
- $850,000 Manager's Unit
- BBQ, Sauna, Games Room, WiFi, Pets Allowed, Pool Features
Property Description
STRONG SALARY - GROWTH POTENTIAL
Well-positioned management rights opportunity in central Surfers Paradise. This is a manageable, mixed-use complex with solid income and clear upside. This well-presented apartment complex offers a balanced mix of holiday and long-term letting in one of the Gold Coast's most established tourism markets. The building comprises 51 lots with a current letting pool of 13, providing an easy-to-manage operation with clear upside potential. The property benefits from resort-style onsite amenities, including two outdoor swimming pools, tennis court, gymnasium, and sauna facilities. These features support consistent occupancy and enhance guest appeal, particularly for short-term accommodation demand. Manager's residence is a modern and spacious 2 bedroom, 2 bathroom,1 car space apartment. And for your convenience the manager's office is accessible internally. A key highlight is the secure Body Corporate salary of $108,117 p.a. + GST, annual CPI increases, and the management agreements recently topped up within the standard module, offering long-term income stability. This business suits experienced operators, with multiple value-add opportunities, including expanding the onsite letting pool, improving operational efficiency, and leveraging the strong tourism flow of Surfers Paradise.
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