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DealProspect/Listings/Hospitality & Tourism

Beachfront Management Rights, Surfers Paradise

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$3,300,000
Disclosed · AUD
Revenue (est.)
~$1,644,701
Estimated · comparable listings of this type and size
Net Profit
$410,024
Implied multiple
n/a
Price includes the property
Brief
  • Absolute beachfront management rights in Surfers Paradise with direct sand and ocean access
  • Spacious three-bedroom manager's residence with ocean views
  • 18 holiday units generating short-stay income
  • Prime location between Broadbeach and Cavill Avenue
  • Iconic high-rise complex with heated pool, tennis court and games room
  • Proactive body corporate committee
  • Minimal caretaking duties with small gardens and a compact lobby area