FOR SALE
$1,368,000

Contact Agent For Address
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Incredible Growth Opportunity - Surfers Paradise - ID 8528

Holiday Management Rights For Sale
Just Outside the Hustle & Bustle
MR Sales are pleased to present the opportunity to secure this Management Rights business situated in the heart of the Gold Coast. A stunning 3 storey walk-up holiday complex ideally located just outside all the “hustle and bustle” while still being only a short walk to the beach, amazing restaurants and cafes, shops and public transport, making it a must-stay for families and business people. With 13 holiday apartments in the letting pool and a generous Body Corporate salary of $74,236, this business has a very healthy net profit of just over $195,000. There is also an amazing opportunity to double the letting pool with 13 units currently rented through outside agents, targeting these and applying some strong marketing would generate incredible growth!
- Healthy net profit of over $195,000
- Generous Body Corporate salary of $74,236 (CPI Indexed)
- Low maintenance complex
- Strong letting pool of 13 units
- Opportunity to double the letting pool with 13 units rented through outside agents
- Accommodation Module agreement (20 years remaining)
- Office attached and on title
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Property Details for Contact Agent For Address, Surfers Paradise

Building Type
Commercial
Floor Size
1m2

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About Surfers Paradise 4217

The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.

Surfers Paradise has 25,214 properties.

    There are currently 320 properties listed for sale, and 144 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1662 properties were sold in the past 12 months in Surfers paradise.

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    Ben Lynn
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    Management Rights Sales Pty Ltd
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