FOR SALE
$990,000

Contact Agent For Address
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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Exclusive - No Requirement To Live On Site - ID 7912

Holiday Management Rights For Sale
Total ROI 17% (Including manager's residence and office)
- Holiday letting on Chevron Island
- Manager's unit currently rented for $45,244 per annum (NOT included in net profit)
- Multiplier of 3.06
- Walk to beach, shops and restaurants
- Quiet location, very popular with holiday makers
- Ample upside as current managers are not hands on
- A busy, budget building with potential to increase tariffs
- Supportive and proactive committee
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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 25,215 properties.

    There are currently 323 properties listed for sale, and 143 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1679 properties were sold in the past 12 months in Surfers paradise.

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    Contact agent
    Gerard Dixon
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    Management Rights Sales Pty Ltd
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