This is a unique opportunity to own and operate one of the Gold Coast’s most iconic management rights businesses. Located just 150 metres from the beach, this high-rise complex, is a recognised landmark in one of Australia’s fastest-growing regions.
The property boasts a verified net profit of $1,650,000 for FY 2024, underpinned by diverse income streams including holiday and permanent letting, body corporate agreements, and other value-added services.
featuring swimming pools, a spa, a sauna, a gymnasium and BBQ areas.
Secure access is provided via passenger lifts, ensuring convenience and safety for guests and residents alike.
The dual-key manager’s residence offers a two-bedroom, one-bathroom apartment and a one-bedroom, one-bathroom apartment, each with its own kitchen and bathroom, connected by a shared foyer. Additionally, the management facilities include a large, on-title office and reception area and multiple storage areas.
This complex represents a blend of financial stability and growth potential. With the Gold Coast continuing to experience rapid development, attracting tourists year-round and ensuring strong occupancy rates. This is an exceptional chance to leverage the iconic status of this unique building, expand the letting pool, and modernise units to maximise returns.
This is more than just a business; it is an enduring symbol of the growth and success of the Gold Coast