High-Rise Management Rights, Surfers Paradise
Management Rights
ActiveHospitality & TourismQueenslandB2B & B2C
Asking price
$1,425,000
Disclosed · AUD
Revenue (est.)
~$1,257,599
Estimated · comparable listings of this type and size
Net Profit
$293,901
Implied multiple
4.8×
asking / earnings
Brief
- Mixed letting management rights with dual income from letting and caretaking
- Large-scale 188-unit high-rise ensuring stable revenue
- Prime Surfers Paradise location near the beach, dining and light rail
- Iconic building with strong brand recognition
- No requirement to live onsite or purchase a manager's unit
- Upside converting permanent lettings to short-term and growing the letting pool from outside agents
Management rights businesses in Queensland
All 146 →Listed
146
+10 in 30 days
Median asking
$1.8M
99 priced
Earnings multiple
6.5×
86 listings
Time listed
33d
21 tracked
Price drops
4
in 30 days
Asking price spread99 of 146 state a price
This listing · $1.4M
1%
$100K–$250KOver $5M
New South Wales 8 · Victoria 8
Cafes 257 · Takeaways 156 · General retail businesses 142 · Restaurants 115 · Automotive workshops 89 · Building and construction businesses 71
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