FOR SALE
$2,290,000

Contact Agent For Address
Surfers Paradise QLD 4217

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
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$333,723 High Return with 2.29M – ID 9154

Mixed Management Rights for Sale
Huge Growth Potential with Simple Work
Are you looking for a smaller investment with a larger return?
- Simple job with easy tasks, and most of the garden work is covered by the Body Corporate.
- Stable, high Body Corporate salary of $112,000 with CPI increases.
- Extremely high net profit: $333,723.
- Strong holiday bookings in a highly sought-after, convenient location.
- Long-term 25-year agreement, with 24 years remaining.
- Rental mix with a very small percentage in the letting pool (26 total: 17 holiday, 9 permanent), offering security for your earnings. 15 units under outside agents, providing great income growth potential.
- Over a decade of established business with a solid foundation.
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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 25,209 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 41.55% increase in median value, while Units have seen a 99.59% increase. As at 30 September 2024:

  • The median value for Houses in Surfers Paradise is $2,203,568 while the median value for Units is $764,508.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 326 properties listed for sale, and 100 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1573 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Management Rights Sales Pty Ltd
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.