Coastal Cool with a Side of Income | Resort Brokers ID : MR008775

$1,800,000

Permanent Management Rights, MOUNT COOLUM QLD

This is the kind of gig where work feels like a holiday. Tucked in a laid-back beachside pocket of Mount Coolum, this chilled-out management rights business is all about that shack lifewith real financial bite. Youve got 64 lots, 16 in the letting pool, and a smooth blend of holiday and permanent rentals that keep the income flowing like the tide.

With rock-solid 20-year agreements, a fixed Body Corporate salary, and no surprises, its the kind of setup that lets you livethe salty dream and sleep easy at night. The managers unit? A breezy three-level retreat thats more beach house than business HQperfect for morning coffees on the deck and post-arvo surfs.

Add a resort-style pool, barbecue zones, and the ocean just around the corner, and youve got yourself a cracker of a lifestyle-meets-investment combo. Pull up a deck chair, this ones ready when you are.

- Uniquely designed management rights and manager's unit in a quirky beach shack style
- Prime beachside location in Mount Coolum with direct access to beaches and trails
- Stable incomefrom both permanent and holiday letting, reducing seasonal impact
- Fixed Body Corporate salary ensures consistent income and financial stability
- Freehold manager's unit in growth corridor, offering capital gain potential
- Efficient operation with low overheads, enhancing profit margins
- Exclusive 20-year letting and caretaking agreements secure long-term rights
- Inspections are by appointment only
Date updated: 13 Jun 2025 23:00:01

More Information

Financial Overview

Total Purchase Price: $1,800,000
Net Income: $ 190,861 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 920,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: undisclosed
_{Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.}

Letting Business

Letting Pool: 16
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 36
_{Number of units resided in by their owners.}

Lock Ups: 10
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 1
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 64
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 113,552
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 25 years
_{How long is the caretaking contract.}

Agreement Remaining: 20 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 0 years
_{How long has the management rights existed.}

Office Hours: no
_{Required Office Hours}

Complex Features: On-site Management Lap Pool BBQ Area Kula Beach Shacks, located just south of Coolum Beach, features 64 architecturally designed townhouses. The facilities at this prestigious beachside estate includes on-site management, lap pool and BBQ area. A project born out of the desire to relive holidays at the beach, the Kula Beach Shacks were created to fuse the coastal surroundings, with sustainable property design. Award-winning architects and builders collaborated to create the Kula Beach townhouses in"The Boardwalk'' at Mount Coolum.

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 920,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

Office On Title: 1
_{Is there a manager's office included on the title?}

Pets: yes
_{Can the manager own a pet on site?}

Unit Features: Flooded with natural light, the managers unit is a 3 story split level two bedroom townhouse featuring an open plan living arrangement, accompanied by stunning timber floors, and high ceilings. The spacious L-shaped kitchen features a bespoke subway tiled splashback, gloss cabinetry and neatly adjoins the covered alfresco balcony, making summer dining a mainstay. opening onto a large balcony with newly inserted outdoor kitchen with BBQ and pizza oven. With a large master bedroom positioned on the upper level and an equally spacious ensuited 2nd bedroom on the third level. and additional bathroom on the mezzanine, this property can comfortably accommodate a small family, or retirees longing for a sea change lifestyle. An undercover single car garage with dedicated laundry is located on the ground level, along with 2 lockable storage rooms large enough for a family of bikes or a quiver of your favourite surfboards. The nearby Mount Coolum shopping precinct features an award winning supermarket, bakery, butcher, cafes, and other essential conveniences all within walking distance of Kula Shacks. But most importantly nearby Marcoola beach is just a gentle 5-minute stroll away, along with the famous coastal pathway walking track. The Kula Beach Shacks complex features a 20 metre resort style swimming pool, BBQ areas, landscaped gardens, and plenty of visitor parking. enjoys a premium north-east aspect, easy access to the pool,, best enjoyed from an undercover alfresco deck crafted to harness a circular airflow and sea breezes. This is an immaculate property with high ceilings, exquisite Spotted Gum and Oak floorboards, polished concrete floors, generous bedrooms, and an earthy facade with fireplace to make it extra cosy. It is distinctly in sync with its coastal surrounds, complete with a new outdoor shower and perfect after time spent at the beach.This residence captures the sounds of the ocean and delivers light-filled living. It is within easy reach of the Mount Coolum Shops, parkland, coastal paths, golf, the foreshore boardwalk, the Marcoola Surf Club, and Mount Coolum National Park. Further features include a carport, split system air-conditioners, a cathedral ceiling above the staircase, maintained native gardens to the complex. Downstairs is completed by polished concrete floors and windows of natural light for the office and a back office/2nd lounge on the ground floor. this unit is amazing and so unique.