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Surfers Paradise QLD 4217
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Sold on 28 Oct 2024

Surfers Paradise QLD 4217

  • Hotel, Motel, Pub & Leisure
  • Sold

Multiplier 4.65x! Premier Beachfront Resort in iconic Surfers Paradise | Resort Brokers ID : MR008259

    ResortBrokers exclusively presents a lucrative mixed-use management rights located in the heart of iconic Surfers Paradise.

    Conveniently situated just 250 meters from the renowned Surfers Paradise beach, this well-maintained resort boasts a total of 59 units, featuring fully self-contained two and three-bedroom apartments. The majority of the two-bedroom units have undergone extensive renovations, ensuring modern comforts throughout. Coupled with its enviable location, this resort enjoys a steady influx of returning guests, drawn by its combination of comfort and prime beachside setting.

    There is 33 units in the onsite letting pool, including 27 holiday lets and six permanent lets. The income also includes three external permanent units priced at 2x multiplier.

    With Queensland set to take its place on the world stage with the 2032 Olympic Games, and the city's short-stay market continuing to grow, there has never been a better time to acquire this iconic boutique short-term management rights business.

    Contact us today to learn more about this lucrative business.

    - Long agreement terms - 21.5 years
    - Profitable letting pool - renovated self-contained two and three-bedroom apartments 
    - Spacious renovated 3-bedroom manager's residence plus modern office/reception
    - Prime location near the beach, dining, shopping districts, and major attractions
    - Strong relationships with Body Corporate committees and unit owners
    - Timely investment opportunity with the upcoming 2032 Olympic Games and the growing short-stay market
    - Perfect opportunity for industry newcomers or couples seeking a balanced lifestyle in a vibrant tourism hub
    - Property inspections are by appointment only

    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold28 Oct 2024
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019243299
    Category
    Last updated  24 Oct 2024
    Map for Surfers Paradise QLD 4217
    nbn® Fibre to the Curb (FTTC) is available in this property
    Max wholesale speed tier available: nbn® Fibre to the Curb
    ResortBrokers®
    ResortBrokers®
    362 Montague Rd
    West End, QLD 4101

    Property Highlights

    Date Sold28 Oct 2024
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2019243299
    Category
    Last updated  24 Oct 2024

    Listed by

    More about Surfers Paradise QLD 4217

    Surfers Paradise QLD 4217 is categorized as Hotel, Motel, Pub & Leisure Property. The listing ID for this property is 2019243299.

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