MANAGEMENT RIGHTS FOR SALE - ABSOLUTE BEACHFRONT SOUTHERN GOLD COAST

$1,850,000

Resort / Holiday management rights, Tugun QLD

Premier Business Sales are offering a rare opportunity to secure the management rights of a well-established, absolute beachfront complex in the heart of the Southern Gold Coast. The business includes a sought after 3 bedroom 2 bathroom 2 car spaces apartment with ocean views. The complex offers a beautifully maintained Swimming Pool, Spa and BBQ Area. There is secure underground parking and direct beach access.

KEY INVESTMENT FEATURES

- Absolute Beachfront
- Mixed Letting
- Ocean views from all units
- Easy caretaking duties
- Consistent income and repeat holiday bookings
- Net income $240,063
- Generous Body Corp Salary
- Growth Potential - Expand Letting Pool
- Excellent Buying with Low Multiplier

PRIME LOCATION

Nestled between Currumbin and Coolangatta on the Southern Gold Coast. Tugun offers the perfect blend of beachside serenity and vibrant community living. Known for its uncrowded surf breaks, friendly village atmosphere, and trendy cafes, Tugun is a hidden gem thats becoming increasingly sought-after by holidaymakers, families, professionals, and retirees alike.

With easy access to the M1, Gold Coast Airport, and top local schools, Tugun delivers convenience without compromising on lifestyle.

Dont miss this chance to live and earn on the beachfront one of the rare true beachfront management rights opportunities on the Gold Coast.

More Information

Financial Overview

Total Purchase Price: $1,850,000
Net Income: $ 240,063 (actual)
_{This is the combined total income acheived by the business after expenses, before tax.}
Included Real Estate: $ 1,050,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}
Multiplier: 3.3
_{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: 17
_{Number of units the manager is authorised to manage.}

Owner Occupiers: 11
_{Number of units resided in by their owners.}

Lock Ups: 10
_{Number of units owners are not renting out, but also do not live in.}

Outside Agents: 3
_{Number of units being rented by other agents (these could potentially be acquired by the manager).}

Units In Complex: 42
_{The total number of units within the complex.}

Caretaking

Remuneration: $ 77,160
_{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: 19 years
_{How long remains on the caretaking contract before it must be renewed?}

Agreement Age: 36 years
_{How long has the management rights existed.}

Office Hours: As per Agreement
_{Required Office Hours}

Complex Features: Swimming Pool, Spa, BBQ Area, WiFi, Secure Underground Car Parking, Direct Beach Access

Real Estate Component

Manager's Unit: 3 2

Included Real Estate: $ 1,050,000
_{The value of on-title property included with the business. Its price is included in the Total Purchase Price.}

Manager's Car Spaces: 2

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: Well presented 3 bedroom 2 bathroom 2 car spaces with beautiful ocean views