Jewel of the Southern Gold Coast - Prime Management Rights With $857k Net Profit

$6,473,000

Resort / Holiday management rights, Coolangatta QLD

An exceptional investment opportunity awaits in the heart of Coolangatta, one of the Gold Coasts most sought-after beachfront destinations. Situated directly opposite the iconic Coolangatta Beach, this well-established holiday resort delivers consistent returns, strong growth potential, and unmatched lifestyle appeal.

This premier complex boasts 140 fully self-contained two- and three-bedroom apartments, including a luxurious four-bedroom penthouse. A healthy letting pool of 53 units ensures a reliable and ongoing income stream.

Guests enjoy first-class amenities such as heated pool and spa, sauna, tennis court, BBQ area, and games room, making this a top choice for holiday makers and a strong performer year-round.

The business is supported by streamlined operations and a dedicated team of long-term, experienced staff, including receptionists, maintenance personnel, and cleaners, all reflected and expensed in the current P&L.

With a strong repeat guest base, a net profit of $857,000, and a solid $245,000 body corporate salary (set to increase in July), this opportunity offers excellent potential for further growth and optimisation under the direction of a savvy operator or syndicate.

Included in the sale is a spacious three-bedroom, two-bathroom + study ground-floor managers unit.

With high occupancy rates, a strong return on investment, and tremendous upside potential, this is a rare chance to secure one of the Gold Coast's finest management rights businesses.

Opportunities like this dont last, contact Craig today.

Net Profit: $857,512

Property Code: 76

More Information

Financial Overview

Total Purchase Price: $6,473,000
Net Income: $ 857,512 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,500,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 5.8
_{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: 53
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 0
_{Number of units resided in by their owners.}

Lock Ups: 0
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 0
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 140
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 244,780
_{This is the body corporate caretaker salary. It is included in the Net Income above.}

Agreement Term: 10 years
_{How long is the caretaking contract.}

Agreement Remaining: 9 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 34 years
_{How long has the management rights existed.}

Office Hours: No Set Management Agreement but observe M-F 8.30am-4.30pm, Sat/Sun 8.30am-2pm
_{Required Office Hours}

Complex Features: Heated Pool, Spa, Sauna, Full Size Tennis Court, BBQ Area, Games Room, Undercover Secure Parking

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 1,500,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 1

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: Spacious 3 Bedroom, 2 Bathroom + Study, 1 Car Space