Management Rights - Surfers Paradise, QLD

Surfers Paradise, QLD


Property Description

Ideal Opportunity in Surfers Paradise - Full of Holiday Lettings

This building is only 50 metres from beautiful Surfers Paradise Beach. It has a total of 20 units, 16 of which are in the holiday letting pool and can be easily managed by one person. The building was built with investors in mind as the units do not suit owner occupiers. This building continues to experience a high occupancy rate.
There are no set office hours in the agreement and the grounds are easy to maintain. The manager's unit has 2 good sized bedrooms, 2 bathrooms and a modern kitchen. The outdoor living space is generous giving you the opportunity to enjoy the weather and surroundings.
The agreement has 20 years to run.
Whether you are an experienced on-site manager or are new to the industry, this opportunity is for everyone.
Managers Unit: $495,000
Management Rights $600,000
Total Price $1,095,000

Please contact Jonathan Shorter on 0405 537 600 or email
Financial Overview

Body Corp Salary:
Anniversary Of Body Corporate Salary:
Body Corporate Salary Review:
Net Profit:
Manager's Unit Price:
Management Rights Price:
Letting Business

Est. Year Built: 1998
Total Units In Complex: 20

Inside Letting Pool

Permanent: 0
Holiday: 15
Corporate: 0
Total: 15

Outside Letting Pool

Lock Up: 1
Outside Agents: 1
Self Managed: 0
Owner Occpd: 0
Total: 2

Number & Type In Letting Pool
Number Type Features
12 1 Bed apartments air/con (2 without)
3 2 Bed apartments air/con
1 Bed

Booking Type Details
Holiday xmas 1brm $1320pw, 2br $1920pw. Indy & sch hols 1br $695pw, 2br $930pw. other $590-$830.
Manager's Unit & Office

Manager's Unit Size: 2
Office Reception: On Title
Office Software: Hirum
Office Hours: as needed
Office Computer:
Module: Accomm
Agreement Term: 25
Years To Run: 20
Manager's Unit Description: tiles living area, rangehood, dishwasher, glass hotplates, wall oven, laundry in cupboard.


Pool: Yes
Spa: Yes
Gym: No
Tennis Court: No
Sauna: No
Foxtel: Yes
Cable Installed: Yes
Pets Allowed: No
Barbeque Area: Yes
Wireless: Yes

Other Facilities:

Property Agent

Jonathan Shorter

Jonathan Shorter

Phone: 0405 537 600
Office: 1300 282 370

Email Listing Agent

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