Surfers Paradise Mixed Management Rights - $108,117 Body Corporate Salary

Genesis Apartments delivers a compelling management rights opportunity in the heart of Surfers Paradise, combining strong body corporate remuneration of $108,117 with a 13-unit letting pool generating net profit of $241,243. This 51-lot, 16-storey complex operates under a fresh 10-year caretaking agreement commencing 2026, providing long-term security and CPI-linked salary increases. The business suits first-time operators seeking a manageable entry point or experienced managers wanting a straightforward add-on operation with minimal hands-on requirements.

The resort-style complex features two outdoor swimming pools (one heated), heated spa, male and female saunas, gymnasium, games room, tennis courts and covered barbecue areas. Light caretaking duties and minimal garden maintenance create an achievable workload, while month-to-month letting agreements provide operational flexibility. The package includes a large two-bedroom, two-bathroom manager's unit with two toilets and one car space for $850,000.

Located within walking distance to Surfers Paradise beach and local attractions, this business offers balanced income streams from both caretaking and letting operations, with nine outside agent appointments presenting immediate growth potential.

Priced at $1,860,000 total ($1,010,000 business, $850,000 unit) for a 13% return.