Management Rights with Expansion Potential - ID 9062
Permanent Management Rights for Sale in Surfers Paradise, QLD — $2,138,000
Key facts
Price
$2,138,000
Location
Surfers Paradise, QLD 4217
Type
Permanent Management Rights
Net income
$273,000 (actual)
Caretaking remuneration
$267,987
Units in letting pool
21
Total units in complex
119
Agreement term (years)
10
Agreement remaining (years)
6
Office hours
As per agreements
Bedrooms
2
Bathrooms
2
Car spaces
1
Listed by
Management Rights Sales
Listing ID
21098197
Last updated
2026-10-09
Description
Management Rights For Sale
Very Secure Business, Salary is 90% of Net Profit
Elevate your career with this prestigious high-rise management rights business encompassing 119 units.
- Managing 119 units, with 21 currently in the letting pool—comprising 17 permanent and 4 holiday units.
- Huge potential upside, convert 17 permanent rentals over to holiday rentals
- Situated in the heart of Surfers Paradise, this property enjoys a coveted central location, ensuring a dynamic and bustling environment.
- Offering a combination of 1 and 2 bedroom units, catering to diverse tenant needs.
- Benefit from new agreements, offering long-term stability and peace of mind.
- Included is an office on title, ensuring efficient business operations.
- Residents enjoy access to a rich array of amenities, including 3 pools (2 heated), spa, sauna, BBQ areas, tennis courts, and a games room - elevating their living experience.
- Just a leisurely stroll away from the beach, cafes, and restaurants, ensuring easy access to leisure and dining options.
- Provides peace of mind with dedicated security parking.
This iconic building is a standout in Surfers Paradise, offering an excellent salary package for the manager and unparalleled proximity to the city's amenities. With office hours limited to Monday to Friday, you can enjoy a desirable work-life balance.
Iconic building in the heart of Surfers Paradise. Great salary for manager and close to everything. Monday to Friday office hours only. 2 bedroom, 2 bathroom manager's residence.
Total Asking Price: $2,138,000
(Inclusive of manager's real estate)
Net Profit: $273,000