Absolute Beachfront Management Rights - $410k Net Profit, Ocean View Residence

The Penthouses delivers absolute beachfront management rights in Surfers Paradise with direct sand and ocean access. This 54-lot iconic high-rise generates $410,000 net profit from 18 holiday units, supported by $95,456 body corporate salary and 8.5 years remaining on standard module agreements. Your three-bedroom manager's residence captures sweeping ocean views from the beachfront position between Broadbeach and Cavill Avenue. The complex features heated pool, tennis court and games room, all maintained through proactive body corporate relationships. With 32 resident owners providing stability and consistent OTA ratings driving year-round bookings, this manageable coastal business suits operators seeking substantial returns without excessive workload. The letting pool represents strong foundation income with scope to recapture external appointments over time.