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Exceptional Management Rights Opportunity Surfers Paradise
$1,399,000
Caretaking management rights, Surfers Paradise QLD
Prime Location Beachside Lifestyle with Business Benefits
Seize this rare opportunity in the heart of Surfers Paradise! Perfectly positioned on the light rail line and just 2 minutes walk to world-class beaches, cafes, and restaurants, this property offers both lifestyle and income in one of Australias most iconic coastal destinations.
Key Features:
Unbeatable Location Walk to the beach, dining, and shopping
Well-Maintained Building Includes pool, BBQ areas, children's playground, pickleball courts, tennis court, library and secure parking
Supportive Body Corporate Professional and cooperative environment
Long Agreement 10-year agreement with approx. 8.5 years remaining
Flexible Hours Office operates 5.5 days/week, offering scope to expand into letting and sales (licensed operators only)
Letting Pool Overview:
Total units: 186
Letting pool: 19 (5 holiday, 14 permanent)
Huge growth potential in both permanent and holiday letting
Bonus Inclusions:
On-title office and reception
Exclusive use of over 30 storage areas
No requirement to live onsite
Financials:
Real Estate: $200,000
Body Corporate Salary: $230,254
Business Netts: $293,900
Total Purchase Price: $1,399,000
Whether you're an experienced operator or seeking a sea change with upside, this is a standout management rights opportunity in a blue-chip location.
Enquire now to secure your foothold in the booming Gold Coast market.
More Information
- Total Purchase Price: $1,399,000
- Net Income: $ 293,900
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
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