ABSOLUTE BEACHFRONT, MIXED-LETTING BUSINESS WITH STRONG RETURNS | Resort Brokers ID : MR008813

$3,380,000

Resort / Holiday Management Rights, Currumbin QLD

ResortBrokers offers to market an absolute beachfront management rights business nestled amongst the sand dunes of Currumbin Beach.

Comprising 45 apartments with 22 in the letting pool and potential upside by converting 6 outside agent lettings, this asset achieves an impressive 81% occupancy rate underpinned by a robust online presence across major OTAs, while enjoying a solid Body Corporate salary circa $71,226.

Efficiently operated, this mixed letting business is streamlined, profitable, and is easily managed by a solo operator, offering lifestyle flexibility. Buyers can choose to reside onsite in the 2-bedroom, 2-bathroom managers unit or continue with the current arrangement of an employed long-term caretaker to reside onsite.

With 24 years remaining on agreements delivering long-term income stability, flexible living options and a supportive Body Corporate, this is an ideal opportunity for first-time buyers or those seeking an add-on business in a premium beachside holiday location.

- Absolute beachfront asset in highly desirable Currumbin locale
- Flexible lifestyle - option to live onsite or offsite in a spacious two-bedroom, two-bathroom manager's unit
- Effortless operation, ideal for a solo operator
-Secure tenure with 24 years remaining on agreements
- Separate, well-equipped office and reception area included on title
- Excellent entry point for newcomers or those seeking an add-onbusiness
- Supportive Body Corporate and engaged owner community
- Consistently high 81% occupancy underpinned by a strong online presence across major OTAs
- Inspections are by appointment only
Date updated: 22 Jul 2025 23:00:01

More Information

Financial Overview

Total Purchase Price: $3,380,000
Net Income: $ 487,902 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 945,000
_{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: 22
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 16
_{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: 6
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 45
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 71,226
_{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: 9am to 5pm from Monday to Friday and 9am to 11am on Saturday
_{Required Office Hours}

Complex Features: Resort-style facilities include a large lagood pool, outdoor spa, a full-sized tennis court and a barbecue area for residents and guests to enjoy. All facilities are surrounded by well-maintained tropical gardens and offers an absolute beachfront location. SECURITY: surveillance cameras and security screens

Real Estate Component

Manager's Unit: 2 2

Included Real Estate: $ 945,000
_{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: 0
_{Is there a manager's office included on the title?}

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

Unit Features: The business is further complemented by the ground floor spacious two-bedroom, two-bathroom, one car manager's residence. The unit has a north-easterly aspect with common area pool views and an open courtyard adjoining the patio. The current owner has undertaken renovations of the bathrooms and repainted in the past couple of years. The incoming purchaser will have the option to reside onsite or run it as the current owners do with a long-term employed caretaker, who would be a great asset to keep onboard.