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Rare Waterfront Opportunity with Massive Growth Potential
$760K MR&$990K Unit = Total $1.75M
Permanent Management Rights, SURFERS PARADISE QLD
Looking for a secure, high-income business with luxurious waterfront living? This could be the perfect fit. Whether youre chasing a lifestyle change or a business with strong commercial potential, this opportunity delivers on both fronts.
Currently generating a strong net profit of $172,159, the business is easy to run with efficient systems and minimal duties. The letting pool includes 12 permanent rentals, 17 managed by outside agents, and 15 lockups providing a stable base with room to grow. For those with a business mindset, there's clear potential to pivot back to holiday letting, especially in this high-demand Surfers Paradise location, where short-term accommodation remains strong.
If youre looking to slow things down and enjoy the Gold Coast lifestyle, this is your chance to do so without compromising on income. Included is a modern waterfront managers unit spacious and beautifully presented with 2 bedrooms, 2 bathrooms, full air-conditioning, a secure car space, and a huge private yard. Its not just comfortableits exceptional.
The Body Corporate salary of $132,092 + GST increases annually with CPI and accounts for over 70% of total income, giving you a reliable income stream with minimal hassle. The agreement is long-term, with 22 years remaining, ensuring ongoing stability and peace of mind.
Youll also enjoy a generous 30 sqm professional office space, ideal for productivity without needing to leave home. The complex is modern, peaceful, and positioned right on the water, with breathtaking views and a calming atmosphere youll fall in love with.
Set in a prime Gold Coast location, everything you need is close bybeaches, shops, restaurants, public transport, medical centres, and major roadsall in a quiet, central pocket of Surfers Paradise.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $760K MR&$990K Unit = Total $1.75M
- Net Income: $ 172,159
(actual)
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