Surfers Paradise Management Rights Holiday&Permanent
$1.01M MR + $850K Unit = Total $1.860M
Permanent Management Rights, SURFERS PARADISE QLD
Right in the heart of Surfers Paradise, just 100 metres from the beach, this is a well-established management rights opportunity in one of the Gold Coast's most sought-after locations and one of the few complexes in the precinct offering three-bedroom apartments, giving it a market edge that most competitors simply can't match.
Positioned on the fringes of central Surfers Paradise, the property enjoys immediate access to patrolled beach, with Cavill Avenue five minutes on foot and tram and bus connections to Broadbeach right at the door. It's the sweet spot, close enough to everything, without the late-night noise of the strip.
For an incoming manager, the lifestyle credentials are hard to beat. The manager's residence is a fully renovated two-bedroom, two-bathroom apartment with direct internal access to a professional reception office, one of the better manager setups you'll encounter anywhere on the Gold Coast. Six storage spaces and a car park are included.
Facilities are exceptional, an outdoor pool, heated spa, gym, male and female saunas, tennis court, games room and a large covered BBQ area, all well maintained and presenting well above the building's age.
The body corporate salary is reviewed annually to CPI on a long-term Standard Module agreement, with a further five-year option available.
With strong lock-up and resident owner numbers throughout the building, there is genuine scope for an active manager to grow the business from day one.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
More Information
- Total Purchase Price: $1.01M MR + $850K Unit = Total $1.860M
- Net Income: $ 241,243
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
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.
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
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?
































































