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MANAGEMENT RIGHTS BUSINESS FOR SALE CURRUMBIN - HIGH NET PROFIT - BEACHFRONT RESORT
$3,338,000
Resort / Holiday management rights, Currumbin QLD
Absolute Beachfront Management Rights for Sale - High Net - Currumbin Beach
This absolute beachfront management rights opportunity at Currumbin Beach delivers a proven high net income, combining strong, consistent returns with an enviable coastal lifestyle. Positioned in one of the Southern Gold Coasts most tightly held beachfront locations, this 45-apartment holiday complex enjoys strong guest demand, excellent online reviews, and consistently solid occupancy performance supported by repeat clientele.
Caretaking responsibilities are uncomplicated and well-suited to a single operator. The incoming manager may reside in the spacious two-bedroom, two-bathroom managers residence or continue with the existing arrangement of a subcontracted onsite caretaker, providing genuine lifestyle flexibility.
This is a well-established management rights business with streamlined operations, supported by experienced staff and efficient systems, making day-to-day management straightforward and scalable.
With more than 23 years remaining on Accommodation Module agreements, the business offers exceptional long-term tenure security. Income is underpinned by a reliable body corporate salary and stable letting pool performance, with additional upside available through the conversion of external letting appointments into the onsite pool.
Key Features
- Absolute beachfront position in tightly held Currumbin Beach
- Proven high net income business
- Flexible lifestyle option to live offsite
- Simple, well-run operation suited to a single operator
- 45-apartment holiday complex with strong repeat demand
- Stable letting pool with further growth potential
- 23 years remaining on Accommodation Module agreements
- Separate office and reception included on title
- Supportive Body Corporate
- Clear opportunity to increase income through letting pool expansion
Inspections by appointment only.
More Information
- Total Purchase Price: $3,338,000
- Net Income: $ 500,142
(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: 4.8
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.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?