Absolute Beachfront Management Rights - $410k Net Profit, Ocean View Residence | Resort Brokers ID : MR009228

Resort / Holiday Management Rights for Sale in Surfers Paradise, QLD — $3,300,000

Absolute Beachfront Management Rights - $410k Net Profit, Ocean View Residence | Resort Brokers ID : MR009228

Key facts

Price
$3,300,000
Location
Surfers Paradise, QLD 4217
Type
Resort / Holiday Management Rights
Net income
$410,024 (actual)
Caretaking remuneration
$95,456
Units in letting pool
18
Total units in complex
54
Agreement term (years)
10
Agreement remaining (years)
8
Office hours
8-5 Mon -Fri, 8-12 Sat/Sun
Bedrooms
3
Bathrooms
2
Car spaces
1
Listed by
Resort Brokers
Listing ID
21180334
Last updated
2026-10-18

Description

The Penthouses delivers absolute beachfront management rights in Surfers Paradise with direct sand and ocean access. <br />
<br />
This 54-lot iconic high-rise generates $410,000 net profit from 18 holiday units, supported by $95,456 body corporate salary and 8.5 years remaining on standard module agreements. <br />
<br />
Your three-bedroom manager's residence captures sweeping ocean views from the beachfront position between Broadbeach and Cavill Avenue. <br />
<br />
The complex features heated pool, tennis court and games room, all maintained through proactive body corporate relationships. <br />
<br />
With 32 resident owners providing stability and consistent OTA ratings driving year-round bookings, this manageable coastal business suits operators seeking substantial returns without excessive workload. <br />
<br />
The letting pool represents strong foundation income with scope to recapture external appointments over time.<br />
<br />
<br />
- Absolute beachfront position with direct sand and ocean access in Surfers Paradise<br />
- Net operating profit exceeding $400,000 with 12% return on investment<br />
- Spacious three-bedroom manager's residence with beachfront ocean views<br />
- 18 holiday units generating consistent short-stay income<br />
- Prime location between Broadbeach and Cavill Avenue with exceptional walkability<br />
- Iconic high-rise complex with heated pool, tennis court and games room<br />
- Proactive body corporate committee fostering strong working relationships<br />
- Minimal caretaking duties with small gardens and compact lobby area<br />
- Inspection by appointment only<br />
Date updated: 18 Oct 2026 23:00:05

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