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Highly desirable Caretaking-Only absolute beachfront
$1,150,000
Permanent Management Rights, SURFERS PARADISE QLD
This exceptional caretaking-only opportunity offers the perfect blend of lifestyle and business. Situated in a modern, high-end residential complex of over 75 luxury apartments, the property is just steps from the pristine beach, parks, and walkways. Less than eight years old, the building features a contemporary design and a supportive, progressive community, making management a pleasure.
With minimal caretaking duties, this is an easy-to-run business suited for a single operator or small team. There are no office hours, no requirement to live onsite or own a unit, and the caretaking agreements are topped-up to the full 25-year term under the Accommodation Moduleensuring long-term security. The current owner enjoys strong committee support, making day-to-day operations smooth and stress-free.
Financially, this opportunity is outstanding. Optional letting rights provide an additional income stream, while the prime location offers significant potential for real estate sales. A well-funded sinking fund and no major works on the horizon ensure stability and minimal risk.
Ideal for a wide range of buyerswhether you're seeking a true 'lifestyle' business, a reliable income stream, or an addition to an existing portfolio. The prestige of a beachfront location, coupled with a cooperative Body Corporate, makes this a rare and highly sought-after investment.
Inspections by appointment only. Buyers may need to be qualified before inspection.
**Ras360 Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Disclaimer: Images used in this marketing may not represent the property for sale and information may need to be independently verified.
More Information
- Total Purchase Price: $1,150,000
- Net Income: $ 208,854
(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: 5.5
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