FOR SALE
$540k MR & $460k Unit = Total $1M

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Surfers Paradise QLD 4217

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High-Yield Management Rights Opportunity on Chevron Island

Step into a high-yield investment with exclusive management rights—where Mediterranean charm meets the vibrant heart of Chevron Island!
Discover a rare chance to own management rights to a thriving short-stay business in the heart of Chevron Island, ideally located just moments from the iconic Surfers Paradise beaches. With a solid body corporate salary of $46,000 and an impressive net profit of $135,000, this opportunity features one-bedroom units, perfectly suited for high-demand short-term rentals, and only four owner-occupiers, ensuring a strong, consistent letting pool.
Chevron Island offers a unique blend of laid-back coastal living and vibrant city amenities, attracting both locals and tourists year-round. The area boasts boutique shops, trendy cafes, and diverse dining options, all within easy walking distance, along with quick access to public transport, including the light rail, connecting you effortlessly to the rest of the Gold Coast.
The property’s Mediterranean-inspired design creates an inviting oasis for guests, complete with resort-style amenities such as a pool, BBQ facilities, and underground parking. This fully renovated complex enhances the guest experience with spacious layouts, private terraces, and stylish finishes, making it the ideal retreat for solo travelers, couples, and business guests alike.
Step into this exceptional investment and enjoy Chevron Island’s unparalleled lifestyle while benefiting from consistent, high-yield returns in one of the Gold Coast's most coveted locations.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**

Property Details for Contact Agent For Address, Surfers Paradise

Building Type
Commercial

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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 25,357 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 57.93% increase in median value, while Units have seen a 99.12% increase. As at 30 November 2024:

  • The median value for Houses in Surfers Paradise is $2,098,210 while the median value for Units is $768,609.
  • Houses have a median rent of $745 while Units have a median rent of $675.
There are currently 355 properties listed for sale, and 86 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1603 properties were sold in the past 12 months in Surfers paradise.

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Adam Partridge
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RAAS Property Group
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