
Multiplier 1.53 in Surfers Paradise - ID 7985
Mixed Letting Management Rights For Sale
Huge Income Upside Potential
- Net Profit: $100,987.
- Simple caretaking duties with minimal workload.
- Mixed apartments with a letting pool of 6 (4 permanent, 2 holiday).
- Significant potential for future income growth.
- 25 year long term agreement with 17 years remaining.
- Stable Body Corporate salary of $61,870 plus GST, with annual CPI increases.
- Located in one of Surfers Paradise’s most sought-after holiday destinations, delivering strong year-round occupancy.
- Extremely low multiplier of only 1.53.
- Quality manager’s residence featuring 2 bedrooms, 2 bathrooms, 1 secure car space, and air-conditioning.
- Exclusive-use professional reception area.
- Peaceful and highly convenient location—just a one-minute walk to the iconic Surfers Paradise beach and close to all amenities.
Enjoy the lifestyle of coastal living while earning a strong, reliable income.
Net Profit: $100,987
Asking Price: $980,000 (including the stylish 2-bedroom manager’s unit)
For further information or to arrange an inspection of this Gold Coast Management Rights opportunity contact:
Management Rights Broker
Bill He
Property Code: 1057
For more details, please email broker or call agents.