Surfers Paradise Holiday Business netting over $396,000. | Resort Brokers ID : MR009353
Resort / Holiday Management Rights for Sale in Surfers Paradise, QLD — $2,999,000
Key facts
Price
$2,999,000
Location
Surfers Paradise, QLD 4217
Type
Resort / Holiday Management Rights
Net income
$396,047 (actual)
Caretaking remuneration
$240,162
Units in letting pool
20
Total units in complex
98
Agreement term (years)
25
Agreement remaining (years)
14
Bedrooms
2
Bathrooms
2
Car spaces
1
Listed by
Resort Brokers
Listing ID
21196425
Last updated
2026-11-04
Description
Biarritz Apartments delivers a rare combination of strong cash flow and manageable operations in the heart of Surfers Paradise. <br />
<br />
This 98-unit complex generates net profit exceeding $396,000 from just 20 letting units, supported by body corporate remuneration of $240,150 plus GST. <br />
<br />
Located one block from the beach on the Broadbeach border, the business offers consistent holiday demand with scope to recapture three outside agent appointments and optimise daily rates. <br />
<br />
The current agreements provide 14 years remaining, with a five-year top-up available at settlement, ensuring long-term security for the incoming operator.<br />
<br />
The on-site residence is a modern two-bedroom, two-bathroom apartment with dedicated office space, valued at $1,000,000 and included in the sale price of $2,999,000.<br />
<br />
This turnkey operation suits first-time buyers seeking systematic income or experienced operators wanting lifestyle balance without sacrificing profitability. With seven permanent tenancies providing baseline stability and 19 holiday units driving premium returns, the business model is proven and sustainable. <br />
<br />
The complex features a full resort amenity suite including pool, spa, sauna, gym, tennis court and barbecue areas.<br />
<br />
<br />
- Net operating profit of $396,047 from a 20-unit letting pool.<br />
- Body corporate remuneration of $240,150 plus GST providing strong baseline income.<br />
- Agreements with 14 years remaining plus five-year top-up offered at settlement.<br />
- Prime Surfers Paradise location one block from the beach on the Broadbeach border.<br />
- Three outside agent appointments presenting immediate recapture opportunities.<br />
- Systematic operation ideal for first-time buyers or experienced operators seeking lifestyle balance.<br />
- Modern two-bedroom, two-bathroom manager's residence with office on title valued at $1,000,000.<br />
- Inspection by appointment only.<br />
Date updated: 01 Nov 2026 23:00:08