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Rare Waterfront Opportunity with Massive Growth Potential
EXPRESSIONS OF INTEREST
Permanent Management Rights, SURFERS PARADISE QLD
Looking for a secure, high-income business paired with luxurious waterfront living? This opportunity delivers the best of both worldswhether you're seeking a lifestyle change or a commercially strong investment.
The business currently generates a healthy net profit of $172,159 and is simple to manage, with efficient systems and light duties. The letting pool consists of 12 permanent rentals, 17 managed externally, and 15 lockupsproviding a steady income base with clear room for growth. For those with a commercial mindset, theres solid potential to reintroduce holiday letting, especially in this high-demand Surfers Paradise location where short-term accommodation performs strongly.
If your goal is to ease into a slower-paced lifestyle without sacrificing income, this is a rare chance to do so. The managers unit is a standoutmodern, spacious, and beautifully presented, featuring 2 bedrooms, 2 bathrooms, full air-conditioning, a secure car space, and an expansive private yard. It's not just comfortableits exceptional.
The Body Corporate salary sits at $132,092 plus GST, increases annually with CPI, and makes up over 70 percent of total incomeproviding a stable and reliable revenue stream. The agreements are long-term, with 22 years remaining, offering long-term security and peace of mind. Also included is a generous 30 sqm professional office space, giving you a productive workspace without needing to leave home. The complex itself is peaceful, modern, and absolute waterfront, with calming views that perfectly complement the relaxed Gold Coast lifestyle.
Positioned in a prime pocket of Surfers Paradise, you're close to everythingbeaches, shops, dining, public transport, medical services, and major roadsall while enjoying the quiet and charm of a central, waterfront setting.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: EXPRESSIONS OF INTEREST
- 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