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Prime Surfers Paradise MR with Huge Potential
$375K MR&$800K UNIT = Total $1.175M
Management Rights, SURFERS PARADISE QLD
Located in the heart of Surfers Paradise, this exceptional management rights opportunity offers the perfect balance between lifestyle and investment. The business generates a net profit of approximately $88,363 per annum, including a $50,000 salary component, and is supported by a manageable letting pool of 10 units out of a total of 22 in the complex.
The on-title managers unit is a well-maintained two-bedroom, one-bathroom residence with a dedicated office space.
Caretaking duties are minimal, making the day-to-day operations very easy to manageideal for a single operator or couple seeking a steady income without being tied down to an intensive workload. Standard agreements are in place, providing a solid foundation for ongoing operations.
What truly sets this property apart is its long-term potential. Situated on a generous 1,616m land parcel in one of Australia's most sought-after development corridors, the site has previously been earmarked for future development. Zoned for unlimited height, the location lends itself to high-rise redevelopment opportunities.
This opportunity is well-suited to first-time management rights operators or semi-retired couples looking for a low-maintenance business that provides steady income. It also represents a smart acquisition for investors or developers wanting to landbank a future development site while earning an income from day one.
The rare combination of a secure income stream, strategic Surfers Paradise location, and high-potential development upside makes this a compelling proposition for buyers who appreciate both short-term yield and long-term growth.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $375K MR&$800K UNIT = Total $1.175M
- Net Income: $ 0
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This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours