STRONG SALARY - PRICED TO SELL - 3.6 MULTIPLIER
Resort Management Rights for Sale in Surfers Paradise, QLD — $1,720,000
Key facts
- Price
- $1,720,000
- Location
- Surfers Paradise, QLD 4217
- Type
- Resort Management Rights
- Net income
- $241,423 (actual)
- Caretaking remuneration
- $108,117
- Units in letting pool
- 13
- Total units in complex
- 51
- Agreement term (years)
- 10
- Agreement remaining (years)
- 10
- Office hours
- Yes
- Bedrooms
- 2
- Bathrooms
- 2
- Car spaces
- 1
- Listed by
- Property Bridge
- Listing ID
- 21173113
- Last updated
- 2026-11-01
Description
Well-positioned management rights opportunity in central Surfers Paradise. This is a manageable, mixed-use complex with solid income and clear upside - now offered at a compelling 3.6x multiplier.<br />
<br />
These well-presented apartments offer 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. This gives a new operator an easy entry point with genuine room to grow.<br />
The property features resort-style amenities including swimming pool, tennis court, gymnasium, and sauna. These facilities support consistent occupancy and strengthen guest appeal, particularly for short-stay demand.<br />
<br />
The manager's residence is a modern 2-bedroom, 2-bathroom apartment with one car space. The manager's office is accessible internally for added convenience.<br />
A secure Body Corporate salary of over $100,000p.a. + GST underpins the income. Agreements are recently topped up within the standard module, with annual CPI increases providing long-term stability.<br />
<br />
At $1,720,000, this represents genuine value in today's market. The business suits experienced operators, with clear upside through letting pool expansion, improved operational efficiency, and the ongoing strength of Surfers Paradise tourism.<br />
<br />
Contact Ken now for more information.
<br />
These well-presented apartments offer 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. This gives a new operator an easy entry point with genuine room to grow.<br />
The property features resort-style amenities including swimming pool, tennis court, gymnasium, and sauna. These facilities support consistent occupancy and strengthen guest appeal, particularly for short-stay demand.<br />
<br />
The manager's residence is a modern 2-bedroom, 2-bathroom apartment with one car space. The manager's office is accessible internally for added convenience.<br />
A secure Body Corporate salary of over $100,000p.a. + GST underpins the income. Agreements are recently topped up within the standard module, with annual CPI increases providing long-term stability.<br />
<br />
At $1,720,000, this represents genuine value in today's market. The business suits experienced operators, with clear upside through letting pool expansion, improved operational efficiency, and the ongoing strength of Surfers Paradise tourism.<br />
<br />
Contact Ken now for more information.