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DealProspect/Listings/Hospitality & Tourism

High-Rise Management Rights, Surfers Paradise

Management Rights

ActiveHospitality & TourismQueenslandB2C
Asking price
$1,850,000
Disclosed · AUD
Revenue (est.)
~$1,203,369
Estimated · comparable listings of this type and size
Net Profit
$300,000+
Implied multiple
6.2×
asking / earnings
Brief
  • Permanent management rights in a high-rise building with Surfers Paradise skyline views
  • No set office hours; no requirement to live on site or purchase an apartment
  • Freehold office on title (17sqm) with committee voting rights
  • Resort-style facilities including gym, pool, sauna and lounge area
  • Rooftop amenities include lounges, board room and private dining