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DealProspect/Listings/Hospitality & Tourism

Management Rights, Surfers Paradise

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$4,200,000
Disclosed · AUD
Revenue (est.)
~$1,885,279
Estimated · comparable listings of this type and size
Net Profit
$470,000
Implied multiple
8.9×
asking / earnings
Brief
  • Absolute beachfront position in the heart of Surfers Paradise with uninterrupted ocean views
  • 20 years remaining on both caretaking and letting agreements
  • Spacious three-bedroom manager's residence with ocean views and 150 sqm of open-plan living
  • Iconic high-rise complex with 33 units and established market presence
  • Stable letting pool of 18 units, including 11 lock-ups, providing consistent foundation income
  • Strong repeat guest demand demonstrating business quality