Profitable Coastal Management Business in Growing Caloundra Region

$1.145M MR&$850k Unit = Total $1.995M

Resort / Holiday Management Rights, GOLDEN BEACH QLD

After a rewarding decade of dedicated service as the Holiday Manager, the current owners of this prime management and letting rights business in Golden Beach, Caloundra, are now ready to pass the baton as they enter their well-deserved retirement. This outstanding opportunity offers a well-established operation in one of Queenslands most sought-after coastal destinations, featuring 68 fully self-contained waterfront apartments. Ranging from stylish studios to spacious one, two, and three-bedroom apartments, each residence boasts stunning water views or lush garden vistas and provides access to an array of resort-style facilities, including pools, a spa, and communal entertaining areas.You don't have to live on site and no office hours and you can rent you spacious apartment out . Huge 16.4% ROI

Caloundra is experiencing extraordinary growth, with visitor numbers climbing year on year and the anticipation of the 2032 Olympics expected to accelerate development and tourism. Now is the ideal time to invest in this thriving region, promising excellent potential for capital growth and consistent income. Over the past 12 months, the business recorded a net operating profit of over $330,000, with current management salaries at $141,009 plus GSTincremental increases are built into the business as per CPI. The managers apartment, valued at $920,000 by an industry professional in 2022, is now offered at a significantly reduced price, sitting approximately $70,000 below that valuation. Thanks to its prime waterfront location, the apartments true market value exceeds that figure, representing a fantastic opportunity for new ownership.

This business features a loyal base of repeat guests, strong occupancy rates, and offers significant flexibility in terms of management residence options. Its large, modern reception area and dedicated on-title back-office support efficient operations, complemented by outsourcing arrangements for cleaning and linen services. The majority of bookings are now generated through online platforms and major holiday rental websites, making management straightforward and streamlined. The resort complex comprises three low-rise buildings and one impressive 10-storey tower, providing a mix of holiday units and permanent rentals, with a total letting pool of 18 unitsmostly holiday bookings with a singular permanent rental.

Whether you are an investor looking for a profitable business, a couple seeking a lifestyle change, or someone passionate about tourism and hospitality, this opportunity offers a rare chance to acquire a well-established, high-performing property in an area with limitless growth potential. With a vibrant community, scenic beaches, and an expanding tourism market, this is your moment to secure a future in one of Queenslands most desirable locations.

**Ras360 Specialists in Motels | Hotels | Pubs | Parks | Management Rights **

More Information

Financial Overview

Total Purchase Price: $1.145M MR&$850k Unit = Total $1.995M
Net Income: $ 326,571 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 850,000
_{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: 18
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 32
_{Number of units resided in by their owners.}

Lock Ups: 12
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 5
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 68
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 141,005
_{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: None
_{Required Office Hours}

Complex Features: Enjoy luxurious resort amenities including a 22-meter heated pool, children's pool, spa, well-equipped gym, steam room, and barbecue areas along the waterfront, with convenient access to Pumicestone Passage for outdoor activities and relaxation.0