Coolum Beach Icon

$2,700,000

Resort / Holiday management rights, Coolum Beach QLD

Perfectly positioned with views to Coolum Beach, this superb short-term holiday resort business is a management rights icon.
Nett Profit: $320,000 and easily managed for the true beach lifestyle, this complex will be purchased by the first to inspect
Fantastic 3 bed, 2 bath managers apt with adjoining office, balcony and storage areas galore.
Stroll to Coolum beach, restaurants, and shops or enjoy a swim and sunset at the golden shores, just seconds away.
This business already performs strongly, but theres room to grow. Boost occupancy and average daily rates by leveraging dynamic pricing strategies, enhancing your direct booking presence, social media presence, and refining your marketing approach to capture even more of Coolums holiday market.
Some thoughts for the investor:
Price $2,700,000 with nett profit $320,000, indicating a strong current return on investment.
Manager remuneration and body corporate salary $75,000 excl GST, with annual CPI review, providing indexed income stability.
Valuable on-title managers apartment valued at $1,200,000, three bedrooms, two bathrooms, adjoining office, balcony, abundant storage, one car space and pets permitted.
Long management agreement in place, 25 year term with 24 years remaining, offering secured recurring income and operational continuity.
Compact 32-unit holiday complex with 26 units in the letting pool, enabling meaningful revenue scale while remaining manageable.
High-appeal beachfront location with direct views to Coolum Beach, steps to sand, restaurants and shops, supporting strong demand and premium rates.
Resort facilities including a 25 metre heated pool, mini golf, steam room/sauna, childrens playground and BBQ area, enhancing guest experience and rate justification.
Existing strong performance with clear growth opportunities through dynamic pricing, direct booking optimisation and enhanced social media and marketing strategies.
Accommodation agreement module already structured for holiday lettings, simplifying operational compliance and guest management.
Limited external competition within the complex, only one outside agent and three owner-occupy units, aiding consistent pool availability.
Practical lifestyle business, described as easily managed for a beach lifestyle, likely attractive to owner-operators seeking worklife balance.
Positioned as a once-only opportunity in a high-demand Queensland destination, likely to attract quick purchaser interest.
ROI Estimate: 21.33%
Don't miss this chance to secure a once only opportunity in one of Queenslands most in-demand destinations.
Contact Alex today to arrange a confidential discussion or private inspection.

More Information

Financial Overview

Total Purchase Price: $2,700,000
Net Income: $ 320,000 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,200,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 4.7
_{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: 26
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 3
_{Number of units resided in by their owners.}

Lock Ups: 1
_{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: 32
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 75,000
_{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: 24 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:
_{Required Office Hours}

Complex Features: 25 metre heated pool, mini golf, steam room and childrens playground.

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 1,200,000
_{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: A three bedroom, 2 bathroom managers apartment with adjoining office, and balcony. The manager also has excellent storage areas.