This absolute beachfront management rights business in the heart of Surfers Paradise delivers exceptional returns with a proven operational structure. The 33-unit high-rise complex generates $470,000 net profit with 18 units in a strong letting pool, complemented by a substantial body corporate salary exceeding $120,000 annually. Twenty years remain on both caretaking and letting agreements, providing long-term security and stability for the incoming operator.
The business operates as a manageable mum-and-dad enterprise with defined office hours Monday to Friday 9am to 5pm and Saturday mornings 9am-12pm. Eleven lock-up units provide consistent foundation income, while high return guest numbers demonstrate sustained market demand. The spacious three-bedroom manager's residence features 150 square metres of open-plan living with uninterrupted ocean views, offering genuine beachfront lifestyle appeal. Modern property management systems streamline daily operations, and the existing operator enjoys excellent body corporate relations. Priced at $4,200,000 including the residence valued at $2,100,000, this opportunity combines strong recurring income, premium location and hands-on operational control in one of Australia's premier holiday destinations.
Interested? Why not give Nathan Bock a call on 0412 634 277 or nathanbock@resortbrokers.com.au