Multiplier 1.53 in Surfers Paradise - ID 7985

Huge Income Upside Potential

Resort / Holiday management rights, Surfers Paradise QLD

Mixed Letting Management Rights For Sale
Huge Income Upside Potential

- Net Profit: $100,987.
- Simple caretaking duties with minimal workload.
- Mixed apartments with a letting pool of 6 (4 permanent, 2 holiday).
- Significant potential for future income growth.
- 25 year long term agreement with 17 years remaining.
- Stable Body Corporate salary of $61,870 plus GST, with annual CPI increases.
- Located in one of Surfers Paradises most sought-after holiday destinations, delivering strong year-round occupancy.
- Extremely low multiplier of only 1.53.
- Quality managers residence featuring 2 bedrooms, 2 bathrooms, 1 secure car space, and air-conditioning.
- Exclusive-use professional reception area.
- Peaceful and highly convenient locationjust a one-minute walk to the iconic Surfers Paradise beach and close to all amenities.

Enjoy the lifestyle of coastal living while earning a strong, reliable income.

Net Profit: $100,987
Asking Price: $980,000 (including the stylish 2-bedroom managers unit)

More Information

Financial Overview

Total Purchase Price: Huge Income Upside Potential
Net Income: $ 100,987 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 825,000
_{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.}

Letting Business

Letting Pool: TBC
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: TBC
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 61,870
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 17 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 43 years
_{How long has the management rights existed.}

Office Hours: As per agreements
_{Required Office Hours}

Complex Features: Swimming pool, BBQ, Sauna

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 825,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

Office On Title: 0
_{Is there a manager's office included on the title?}

Pets: No
_{Can the manager own a pet on site?}

Unit Features: Enjoy the perfect balance of lifestyle and income with this quality managerâs residence, included as part of the total sale. This stylish and well-appointed unit features: 2 spacious bedrooms, 2 modern bathrooms, 1 secure car space, Air-conditioning for year-round comfort. The residence also includes an exclusive-use professional reception area, offering separation between work and home while maintaining convenience and accessibility for guests. Located in a peaceful yet highly convenient position, the property is just a one-minute walk to the iconic Surfers Paradise beach and within close proximity to cafes, shops, and public transport. Whether youre starting fresh or scaling back into a relaxed coastal lifestyle, this managers unit delivers all the comforts of home with the added benefit of income-producing potential.