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Address available on request Surfers Paradise, QLD 4217

Address available on request,
Surfers Paradise, QLD 4217

Hotel, Motel & Leisure

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Management Rights with Expansion Potential - ID 9062

  • Iconic Surfers Paradise Business
  • New Agreements
  • Central Location
Management Rights For Sale
Very Secure Business, Salary is 90% of Net Profit



- Huge potential upside, covert 17 permament rentals over to holiday rentals

- Managing 119 units, with 21 currently in the letting pool—comprising 17 permanent and 4 holiday units.

- Situated in the heart of Surfers Paradise, this property enjoys a coveted central location, ensuring a dynamic and bustling environment.

- Offering a combination of 1 and 2 bedroom units, catering to diverse tenant needs.

- Benefit from new agreements, offering long-term stability and peace of mind.

- Included is an office on title, ensuring efficient business operations.

- Residents enjoy access to a rich array of amenities, including 3 pools (2 heated), spa, sauna, BBQ areas, tennis courts, and a games room - elevating their living experience.

- Just a leisurely stroll away from the beach, cafes, and restaurants, ensuring easy access to leisure and dining options.

- Provides peace of mind with dedicated security parking.

This iconic building is a standout in Surfers Paradise, offering an excellent salary package for the manager and unparalleled proximity to the city's amenities. With office hours limited to Monday to Friday, you can enjoy a desirable work-life balance.

Iconic building in the heart of Surfers Paradise. Great salary for manager and close to everything. Monday to Friday office hours only. 2 bedroom, 2 bathroom manager's residence.


Net Profit: $273,000
Total Asking Price: $2,138,000
(Inclusive of Manager's Real estate)

For further information or to arrange an inspection of this Gold Coast Management Rights business for sale contact:

Management Rights Brokers
Gerard Dixon & Phil Trimble

Property Code: 332

Surfers Paradise, 4217 demographic data

The median household income for Surfers Paradise is $1,323, 12% lower than Regional Queensland's household income of $1,507. Surfers Paradise has an older age profile compared to the rest of Regional Queensland (median age 42 vs 41). Property ownership data shows 39% of property owners in Surfers Paradise have a mortgage.

26,412
Population
$1,323 per week
Median household income
42 years
Median age
Renters
Most residents
Families
Most households
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Address available on request
Surfers Paradise, QLD 4217

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