UNRIVALLED OFF-THE-PLAN CARETAKING OPPORTUNITY FOR LARGE-SCALE HIGH-RISE | Resort Brokers ID : OTP008855

$2,227,441

Off The Plan Management Rights, SURFERS PARADISE QLD

Of an unprecedented calibre, Royale Gold Coast is an ultra-luxe beachfront resort that has attracted some of Australias most discerning owner-occupiers. Now well-progressed under construction, the caretaking and concierge rights to Royale will have strong appeal to experienced operators looking to boost their portfolio with an exceptional development delivered by DD Living.

Boasting 104 apartments, penthousesand beach homes Royale offers world-class facilities that have been meticulously designed to appeal to premium owner-occupied residents seeking to utilise the pay-per-use services on offer to streamline their busy lifestyles. Royales caretaking and concierge rights are a trophy asset like no other. There is no doubt the successful operator will be managing one of the most elite communities in the country.

- Construction well-progressed with delivery due in in Q2 2026
- 104 stunning apartments with a rangeof 2-, 3- and 4-bedroom residences
- Brand new 10 year Caretakingagreement on Standard Module
- Independent Time and Motion Studyunderway.
- Body corporate salary circa. $360K+ and conciergesalary circa. $150K+
- Projected net profit of $446,467 per annum
- Option to buy 17sqm freehold title 'cafe' lot subject to operator experience - $119K
- Club Royale is a private lounge&dining space for residents with accessto wine and whiskey cellars and anexclusive kitchen.
- State-of-the-art wellness centre offeringsauna, steam, spa, gym and yoga areas
- On-site retail space for cafe / baristastation offers additional income potential
- Additional income streams withpay-per -use services on offer toguests and residents
- All inspections by appointment only
Date updated: 17 Sep 2025 11:45:44

More Information

Financial Overview

Total Purchase Price: $2,227,441
Net Income: $ 494,987 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 119,000
_{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.}

Letting Business

Letting Pool: TBC
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 104
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 521,467
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 10 years
_{How long is the caretaking contract.}

Agreement Remaining: 10 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: Concierge 24/7
_{Required Office Hours}

Complex Features: 5 basement/ground levels of car parking and 2 recreational levels. Upper ground and Level 1 contain the recreational areas of the scheme. Mix of 2, 3&4-bedroom residences and beachfront homes 2 Resort-Style Swimming Poolsâ Bathed in sunlight all day, with daybeds, BBQ and alfresco dining 24-Hour Concierge Service â Enhancing the resident experience, 7 days a week State-of-the-Art Wellness Centre â Steam room, sauna, spa, gym and outdoor yoga/pilates terrace Onsite CafÃ© âCafÃ© Royaleâ â Retail incomepotential from thriving cafÃ© and barista station Private Bar, Lounge&Diningâ Executive lounge, wine and whiskey cellar, private Cuccina kitchen